IMF imposed strict conditions on Pakistan for bailout package renewal

IMF imposed strict conditions on Pakistan for bailout package renewal

Pakistan on Sunday agreed with International Monetary Fund (IMF) to end fuel subsidies. The talks over the seventh review between Pakistan and the IMF have also been completed, as there were four rounds of negotiations between Pakistan and the IMF.

Sources privy to the matter said that Pakistan and IMF have agreed to start technical talks from Tuesday, adding that the data will come out after the technical level talks.

Sources said that the IMF mission will visit Pakistan after the technical talks.

Pakistan and IMF reached consensus on SBP's autonomy and implementation of economic reforms.

It is important to note that Finance Minister Miftah Ismail and Minister of State Ayesha Ghous Pasha will hold a key press conference in Washington today.

PM orders financial assistance to farmers affected by fire in Sialkot

Seperately, Prime Minister Shehbaz ordered the concerned authorities to take emergency measures to provide financial assistance to farmers affected by fire in Sialkot.

PM Shehbaz ordered the Punjab government that farmers whose crops have been burnt should be given immediate relief checks

The Prime Minister ordered immediate financial assistance to the farmers after their wheat crops have been burnt up to 90,000 kilograms.