ISLAMABAD – International Monetary Fund is looking forward to continuingthe dialogue on the ninth review on Extended Arrangement after productivetalks with the Sharif-led government.
IMF Resident Representative in Pakistan Esther Pérez Ruiz said discussionshave enabled a revision to the macroeconomic outlook after the floods aswell as an in-depth evaluation of fiscal, monetary, exchange rate, andenergy policies adopted since the completion of the combined seventh andeighth reviews.
The global lender also mentioned continuing dialogue over humanitarian andrehabilitation policies post-2022 floods, while preserving fiscal andexternal sustainability given available financing, per reports.
IMF’s review for the release of the next funds has been pending for thelast three months, forcing the cash-strapped country to approach friendlynations and other lenders.
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Pakistan on the other hand is still committed to completing the IMFprogramme while meeting external debt repayments on time, Finance MinisterDar said last week, who revealed that all targets for the ninth review hadbeen completed.
