Pakistan rejected IMF demand over CPEC projects: Sources
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ISLAMABAD - Pakistan government has rejected the demand of the International Monetary Fund delegation over China Pakistan Economic Project details.
As per the media report, Pakistan rejected a request for providing China-Pakistan Economic Corridor (CPEC) contract details to the International Monetary Fund (IMF).
The IMF delegation which arrived on Thursday in Islamabad to hold talks with the Pakistani authorities is said to have raised the issue of CPEC deals during a meeting with the officials of the Ministry of Planning and Development, sources said according to a report in *Express Tribune.*
Makhdoom Khusro Bakhtiar, the Federal Minister for Planning, Development and Reform is said to have led the Pakistani side during the above-mentioned meeting.
Sources said that the ministry provides an analysis of the macroeconomic outlook and progress on the CPEC project to the IMF team.
The IMF team is on a visit to review the macroeconomic situation of Pakistan and is being led by its Washington-based Mission Chief, Harald Finger which constitutes of officials from the funds’ Lending Policy Division.
And sources shared the IMF delegation asked about the contract agreements linked to energy projects coming under CPEC, but the ministry didn’t share any information stating the details were privy to the Ministry of Energy (MoE).
