IMF review mission to visit Pakistan today
Автор: Fact Times
Загружено: 2023-11-01
Просмотров: 13
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According to sources, the IMF mission flight will land at 1:40 PM.
According to the sources, 8 people are included in the IMF mission who are arriving for the economic review, 2 people from the IMF office established in the Ministry of Finance will participate in the negotiations, a total of 10 people will negotiate with the economic team until the 15th. will
Sources say that the first introductory session of the IMF team will be held today with the caretaker finance minister and the economic team, this meeting will be for the second tranche of the loan.
The IMF will review exchange rate management and the stance of monetary policy while the government is confident of completing the program review despite challenges.
The Finance Ministry appears hopeful of meeting the conditions for the $3 billion program while the State Bank Governor has indicated satisfactory progress towards meeting IMF targets.
The Power Division has also met the IMF's conditions for reduction of revolving debt
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