IMF Reviews Pakistan's Fiscal Policies in First Phase of Delegation Meeting - Capital TV

June 4, 2023


IMF Reviews Pakistan’s Fiscal Policies in First Phase of Delegation Meeting

Anum Razzaque

ISLAMABAD: Finance Minister of Pakistan, Ishaq Dar, Vowed to Complete the International Monetary Fund (IMF) Programme, in the series, the government began raising the prices of energy and fuel.

The Finance Minister of Pakistan, met with the delegation of the fund, led by Nathan Porter, on Tuesday for the ninth review.

Dar welcomed the delegation and highlighted the friendly relationship between Islamabad and the fund.

The Minister informed the delegation about the financial situation, stability in the exchange rate, and other reforms implemented by the government in the sector.

Furthermore, the government formed a committee to address circular debts in the sector of energy and fuel.

Dar also expressed gratitude to the Managing Director of the IMF for continuing the talks and said, he had completed the fund program successfully.

He further extended all his support to the Mission and committed to working together towards completing the 9th review under the Extended Fund Facility (EFF).

The Mission Chief expressed confidence that the government of Pakistan would meet the requirements for the completion of the 9th review and hoped that Pakistan would continue to progress on reforms in various sectors and effectively complete the IMF programme within time.

He also added that IMF and Pakistan will be working together on fiscal reforms, according to the statement.

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