{"id":71017,"date":"2024-03-14T04:59:03","date_gmt":"2024-03-14T04:59:03","guid":{"rendered":"https:\/\/pakistaninewspaperlist.com\/news\/imf-mission-arrives-in-pakistan-for-review-talks\/"},"modified":"2024-03-14T04:59:03","modified_gmt":"2024-03-14T04:59:03","slug":"imf-mission-arrives-in-pakistan-for-review-talks","status":"publish","type":"post","link":"https:\/\/pakistaninewspaperlist.com\/news\/imf-mission-arrives-in-pakistan-for-review-talks\/","title":{"rendered":"IMF mission arrives in Pakistan for review talks"},"content":{"rendered":"
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ISLAMABAD: The International Monetary Fund (IMF) mission arrived in Pakistan for the economic review of Pakistan\u2019s $3 billion Stand-By Arrangement (SBA), ARY News reported on Thursday citing sources.<\/strong><\/p>\n

According to sources, the talks will kick off after IMF delegation\u2019s introductory meeting with Finance Minister Muhammad Aurangzeb along with the Finance Secretary and Governor State Bank of Pakistan.<\/p>\n

Sources said that Pakistan has already achieved the targets set by the IMF for the second review and the country will not present a new mini-budget under the current IMF programme.<\/p>\n

Islamabad will hold talks with the international lender about the last tranche of $1.1 billion under the SBA program.<\/p>\n

Read more: \u2018Pakistan wants to seal longest deal with IMF in country\u2019s history\u2019<\/a>
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Yesterday, Finance Minister Muhammad Aurangzeb said that Pakistan wants to seal the biggest and longest-running program from the International Monitory Fund (IMF), in the country\u2019s history.<\/p>\n

Aurangzeb said that the improvement of Pakistan\u2019s economy is the goal of our government more than the IMF. PM Shehbaz Sharif has a clear vision for the upliftment of the ill economy, the minister said and added the premier has given strict instructions in this regard.<\/p>\n

On March 8, the International Monetary Fund (IMF) said it is ready to send mission to Islamabad for the second economic review after the formation of\u00a0PM Shehbaz Sharif\u2019s cabinet<\/a>.<\/p>\n

The IMF Director of Communications said that the focus currently is on completing the ongoing Stand-By Program, which is ending in April 2024, a mission for the second review of the Stand-By Program would be dispatched immediately after the formation of the new cabinet in Pakistan.<\/p>\n<\/div>\n<\/div>\n