ISLAMABAD: In a positive development, Pakistan seek major relief from theInternational Monetary Fund.
Pakistan was provided a key relief by the International Monetary Fund (IMF)on Monday according to which expenses undertaken by the government tocombat the coronavirus outbreak will not be included in the fiscal deficittarget.
Advisor to the Prime Minister on Finance Dr Abdul Hafeez Shaikh confirmedthe development, revealing that the international money lender had agreedto not include the expenses incurred on battling the coronavirus in thefiscal deficit.
Dr Hafeez Shaikh chaired a meeting held to discuss the coronavirus and itseffects. He said that the government will not allow the common man to feelthe effects of the coronavirus.
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“The prime minister has tasked me deal with the economic impact [of thevirus],” he was quoted as saying in a press release.
“It will be [the government’s efforts] to ensure that basic food items’prices don’t increase or their supply is not disrupted.”
