IMF continues engagement with Pakistan for board meeting before current program expires at June end

Reuters
This handout photograph released by Pakistan Press Information Department (PID) on January 31, 2023, shows Pakistan’s Finance Minister Ishaq Dar (L) meeting with a International Monetary Fund (IMF) review mission led by IMF mission official Nathan Porter (2R) at the Finance Ministry in Islamabad. (Photo courtesy: PID/File)
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  • A staff-level agreement between Pakistan and the IMF remains delayed since November
  • Pakistan, desperate to shore up foreign exchange reserves, is looking to revive stalled loan

KARACHI: The International Monetary Fund (IMF) continues engagement with the Pakistani authorities to pave the way for a board meeting before the current program expires at end of June, the IMF mission chief for Pakistan said.

A staff-level agreement on the review has been delayed since November, with more than 100 days passed since the last staff level mission to Pakistan, the longest such delay since at least 2008.

Topics: Pakistan IMF talk Pakistan IMF Talks IMF bailout