IMF expresses satisfaction with Pakistan’s economic measures

ISLAMABAD: An IMF mission after a key visit to Pakistan acknowledged that the country achieved a strong implementation of the USD 7 billion loan programme agreed upon last year, it emerged on Saturday.

The International Monetary Fund (IMF) delegation led by Nathan Porter visited Islamabad and Karachi from February 24 to March 14 to undertake the First Review for the 37-month extended arrangement under the Extended Fund Facility (EFF) and on discussions for an arrangement of a fresh loan under the Resilience and Sustainability Facility (RSF).

The team held discussions on the first review of Pakistan’s economic programme supported by the EFF and on a possible new arrangement under the RSF, according a statement issued by Nathan Porter at the conclusion of the visit on Friday.

Source: PTI News

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