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IMF terms talks with Pakistan as positive

ISLAMABAD: The International Monetary Fund (IMF) on Monday termed talks with Pakistani officials held in Washington last week as positive, ARY News reported.

The IMF Pakistan Office further said that a delegation of the IMF will visit Pakistan in the end of the following month.

It said the visit will be paid on request of the Pakistan government.

The IMF said both the stakeholders would further discuss the financial package.

Finance Minister Asad Umar on Monday said that Pakistan and the International Monetary Fund (IMF) had reached a consensus over the financial package.

A mission of the IMF will arrive in Pakistan in the last week of April and the financial bailout package will be finalised on arrival of the delegation, Umar told a session of the National Assembly’s Standing Committee on Finance.

He said a medium term economic framework has been prepared and shared with the prime minister and the economic advisory board.

Read More: Pakistan approached IMF on its own conditions Fawad Chaudhry

The finance minister said that the agreement with the IMF would also be shared in the session of the standing committee.

The minister of finance briefed the committee’s session about his US visit and meetings with the officials of IMF, the World Bank and the Asian Development Bank (ADB).

 

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