The International Monetary Fund (IMF) has assured Pakistanlink of continuing its support to thecountry as soon as the new government is formed.
The Fund issued a statement in wake of the political crisis, saying “Thereis no concept of suspension within the IMF link programme”.
In May 2019, Pakistan link and the IMFlink a staff-level agreement oneconomic policies for a three-year Extended Fund Facility (EFF).
Under the agreement, Pakistan link was toreceive about $6 billion for a period of 39 months, and so far it hasreceived almost half it.
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The Fund will engage in policies to promote macroeconomic stability andenquire about intentions vis-a-vis programme engagement with the newgovernment, the statement stressed.
Following the announcement, the Ministry of Finance said the FinanceDivision and the IMF link were engaged in datasharing and reform discussions as part of the Extended Fund Facility (EFF).
