ISLAMABAD: Pakistan and the International Monetary Fund (IMF) are yet to reach an agreement over a new loan programme, sources said on Friday, despite a recent contact between the two sides.
Sources within the Ministry of Finance said that Pakistan once again approached the global lender for provision of loan, however, the two sides could not reach a consensus. They said the difference of view between the two sides has reduced, but talks could not yield any results. It is hoped that matters would be finalised before a meeting of the IMF executive board, the sources said further.
They said it has been made clear to the IMF that Pakistan is in no haste to get the new programme. "An agreement would be signed with the IMF as soon as a favourable programme is given," said a spokesman for the Ministry of Finance, terming the recent talks "positive." The spokesman further clarified that Pakistan is not getting the IMF programme for the sake of dollars only.
Field Marshal Asim Munir will attend the retirement ceremony of US Central Command chief General Michael Kurilla
This image released on March 3, 2022, shows the FBR building. — Facebook@Federal Board of RevenueISLAMABAD: The...
Minister for Information and Broadcasting Attaullah Tarar addresses a news conference in Islamabad on March 13, 2024....
A representative image for tax. — Reuters/FileLAHORE: The Punjab government, in a decisive policy shift, has...
Security forces are deployed in a restive tribal area of Khyber Pakhtunkhwa bordering Afghanistan in this undated...
Saudi Arabia's flag can be seen fluttering in the air. — AFP/FileKARACHI: Several analysts believe Saudi Arabia’s...
