On Tuesday, the Finance Division said that negotiations with the International Monetary Fund (IMF) on the ninth review of Pakistan’s $7bn Extended Fund Facility (EFF) were at the “advanced stage”. “With the efforts of the current government, the IMF program has come back on track,” it stated in a press release. In a statement issued today, the Finance Division said that the government remained committed to completing the IMF program while meeting all external debt repayments on time.

Leave a Reply

Your email address will not be published. Required fields are marked *

You May Also Like

Iran’s currency hits record low

Iran’s currency reached an all-time record low amid rising tensions with the…

US Stocks Advance Cautiously Amid Earnings & Virus

New York, Oct 14 (AFP/APP): Wall Street slowly climbed upward at the…

Banks illegally deducting withholding tax

The Karachi Tax Bar Association (KTBA) wrote a letter to Asim Ahmed,…

Ghana plans to buy oil with gold instead of dollars

Ghana’s government is working on a new policy to buy oil products…