IMF Mission, Ishaq Dar discuss 9th EFF review

Government of PakistanIMF Mission, Ishaq Dar discuss 9th EFF review

ISLAMABAD, Pakistan: The Finance Minister Senator Mohammad Ishaq Dar held a meeting with the International Monetary Fund (IMF) Review Mission led by the IMF Mission Chief Nathan Porter at the Finance Division in Islamabad on Tuesday.

During the meeting, both sides discussed and reviewed the economic and fiscal policies and reforms of the govt and agenda to accomplish the ninth review under the Extended Fund Facility (EFF).

The IMF delegation is in Islamabad from January 31 to February 9 to continue discussions regarding the ninth review of the US$ 7 billion EFF.

Pakistan entered a US$ 6 billion IMF programme in 2019 which was increased to US$ 7 billion last year.

The programme’s ninth review, which would release US$ 1.18 billion, is currently pending.

Talking to the Managing Director of the IMF Kristalina Georgieva on January 6, Prime Minister Shahbaz Sharif assured her IMF that Pakistan was committed to successfully completing the ongoing IMF programme and thanked her for her understanding and empathy of the challenges that Pakistan had been facing.

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