
CosmicTaco
12moIMF and Pakistan Near Staff-Level Agreement
- The IMF and Pakistani authorities have made significant progress towards a staff-level agreement on the $7 billion loan programme.
- Policy discussions will continue via video conference to finalize the agreement in the coming days.
- No additional revenue measures will be imposed; fiscal targets will be maintained through expenditure control.
- The Memorandum of Economic and Fiscal Policies (MEFP) is still being finalized ahead of the staff-level agreement.
- IMF Executive Board approval for the disbursement of about $1.1 billion is expected by early next month.
Source: The News International, Geo Tv, Dawn
12mo ago

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