Follow Us on Google News
ISLAMABAD: The IMF meeting will be held at the end of April this month, the agenda of which does not include the economic review of Pakistan.
According to the details, the Executive Board of the International Monetary Fund has released the schedule till April 29. The economic review of Pakistan is currently not included in the agenda of the IMF board meeting. Pakistan’s staff-level agreement with the IMF was finalized on March 20.
Pakistan is expected to receive the final tranche of $1.1 billion from the IMF with the approval of the Executive Board. With the final approval of the final tranche, the standby arrangement between Pakistan and the IMF will end, while Pakistan is also seeking another agreement. is ready.
The IMF had indicated to convene the executive board meeting on the issue of Pakistan at the end of April, however, the economic review of Pakistan is currently out of the agenda of the executive board meeting on April 29. The economic team of Pakistan is reviewing the situation.
It should be noted that earlier Federal Finance Minister Muhammad Aurangzeb had arrived in America with a delegation for negotiations with the IMF and the World Bank. The purpose of the talks with the IMF was to negotiate a new bailout package. Pakistani Ambassador Sardar Masood Khan and his staff welcomed him at the airport.