ISLAMABAD: The prime minister’s adviser on Finance, Revenue, and Economic Affairs Dr Abdul Hafeez Shaikh confirmed on Wednesday that the International Monetary Fund (IMF) has approved a $6 billion Extended Fund Facility (EEF) for Pakistan to support the incumbent government’s economic reforms.
“Our program supports broad-based growth by reducing imbalances in the economy. Social spending has been strengthened to completely protect vulnerable segments,” he tweeted.
IMF Board approved a $6 billion Extended Fund Facility (EFF) for Pakistan to support our economic reform program. Our program supports broad based growth by reducing imbalances in the economy. Social spending has been strengthened to completely protect vulnerable segments.
— Dr. Abdul Hafeez Shaikh (@a_hafeezshaikh) July 3, 2019
Mr Shaikh in another tweet said a structural reform agenda, which includes improving public finances and reducing public debt through revenue reforms, is a key part of the programme. “This support bodes well for the country & is a testament to Govt’s resolve for ensuring financial discipline & sound economic management.”
A structural reform agenda which includes improving public finances & reducing public debt through revenue reforms is key part of the program. This support bodes well for the country & is a testament to Govt. resolve for ensuring financial discipline & sound economic management.
— Dr. Abdul Hafeez Shaikh (@a_hafeezshaikh) July 3, 2019
 approved a $6 billion Extended Fund Facility (EEF) for Pakistan to support the incumbent government’s economic reforms.){kind=link}