Pakistan

Pakistan & IMF likely to finalize agreement soon

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Web Desk

ISLAMABAD: Pakistan is expected to finalize an agreement with International Monetary Fund (IMF) soon.

According to a private news channel report, Finance Ministry to the development said that the agreement with IMF would be finalized soon, adding that the Memorandum of Economic and Financial Policies (MEFP) is also being sent to the IMF soon.

In case of agreement, Pakistan will receive $1.2 billion through the 6th and 7th review installments.

Read more: Euro hits 20-year low against dollar on recession risk

The IMF has urged that the assets of elected representatives be made public, as well as the assets of Grade 17 to 22 employees.

The IMF Executive Board may revive the loan program for Pakistan.

Web Desk

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