The ninth evaluation of Pakistan’s economy by the International Monetary Fund (IMF) team has been further postponed.
According to the specifics, today’s online meeting between Nathan Porter, the IMF mission chief for Pakistan, and Federal Minister for Finance and Revenue Senator Mohammad Ishaq Dar took place.
According to sources, IMF officials claimed that today’s meeting was a general gathering where the broad specifications for the 9th Review were discussed but did not go into specifics about their trip to Islamabad.
The progress made with the continuing IMF program was covered during the meeting, as well as the effect of the floods on the macroeconomic framework and goals for the current year.
The Fund expressed its readiness to sympathetically consider tailored aid for the weak and disadvantaged, particularly those affected by floods.
It was decided to tighten up the cost projections for flood-related humanitarian aid for the current fiscal year as well as the projected costs of prioritized rehabilitation.
In this regard, technical interaction must be swiftly wrapped up in order to move on to the ninth review.
The Pakistani government’s (GoP) commitment to successfully complete the IMF program was reaffirmed by the finance minister.
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