Wednesday, December 8, 2021

Pakistan-IMF talks: Tarin asks nation not to lose hope


NEW YORK: Rejecting the impression of Pakistan-International Monetary Fund (IMF) talks failure, Finance Minister Shaukat Tarin has asked the nation not to lose hope, ARY News reported on Monday.

“Talks with IMF are underway, which will be successful InshaAllah,” Shaukat Tarin said while talking to newsmen in New York.

He said that secretary finance is still in Washington and the chairman Federal Board of Revenue (FBR) is also in contact with the team holding talks with the IMF.

The meeting with the MD IMF remained fruitful, the talks will be successful with the fund, he added. Replying to a question, Shaukat Tarin said that banks always demand ‘do more’ but we [Pakistan] cannot cross the redlines.

Read more: IMF wants Pakistan to hike electricity tariff

Earlier, the spokesperson to the Finance Ministry had also rejected the reports regarding the failure of talks with the International Monetary Fund (IMF).

The Finance Ministry’s spokesperson Muzzammil Aslam had said in a Twitter message that there was no truth in the reports about the failure of talks with the IMF.

He had said that the negotiations with IMF would resume on Monday (today) and it will continue without any break till its success while there is no deadline for its conclusion.

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