*ISLAMABAD – Finance Minister Asad Umar has clarified that there is nofear of big loss with tensions with India on Thursday.*
In special conversation with *92 News*, Asad Umar informed that the *FinancialAction Task Force (FATF)* will issue its statement tomorrow, adding that itmay be prove good news for Pakistan.
The finance minister also said that the talks are underway with the*InternationalMonetary Fund (IMF)* on a regular basis. He added that the negotiationswith IMF almost in the final phase. “Nothing can be said before settlingthe conditions,” he described.
“We are in talks with the IMF and are holding sessions on a regular basis,”the minister contented and added that last week, Pakistani teams had twotechnical sessions with the fund and having one interaction every week.
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Replying to a query, the federal minister said, the government will againtalk with the IMF this week and we are sharing economic data with it andadded, “Following the finalisation of terms, an IMF mission will visitPakistan.”
