Staff Report
ISLAMABAD: Pakistan’s Prime Minister(PM) Shehbaz Sharif on Saturday said that he had told International Monetary Fund (IMF)’s Managing Director Kristalina Georgieva about the government’s resolve to complete the terms of the international lender’s programme.
Telephone to IMF top official
On his Twitter handle, the prime minister said that he had held a telephone conversation with the International Monetary Fund managing director yesterday (Friday).
“(I) also explained Pakistan’s economic difficulties, especially after devastating floods. The IMF delegation will come to Pakistan soon,” he said in his tweet.
The prime minister tweeted a day after he stated that an IMF delegation would visit Pakistan in “two to three days” to complete the ninth review of Pakistan’s $7 billion Extended Fund Facility (EFF).
The ninth review of the International Monetary Fund programme, which would release $1.18 billion to Pakistan, is still pending.
It was previously delayed for two months because the Pakistan Muslim League-Nawaz-led federal government refused to agree to some requirements put forth by the International Monetary Fund, and the issues still haven’t been resolved.
