Daily Times
April 15, 2021
The Country Representative of International Monetary Fund (IMF) in Pakistan Ms Teresa Daban Sanchez has said that the Extended Fund Facility (EFF) to Pakistan is all set to achieve some major goals including revenue base fiscal sustainability.
It is being achieved through the strategy by removing exemptions and privileges, enhancing social and productive spending, coordination with provinces, and elimination of quasi-fiscal circular debt and SOE losses.
She said this during a keynote session with Dr Abid Qaiyum Suleri, Executive Director, Sustainable Development Policy Institute (SDPI) on Wednesday, said a press release.
Ms Sanchez added further on the occasion that the goals that are very important for the future direction of the country, also include a market determined and flexible exchange rate as well as the independent central bank with primary focus on price stability. Moreover, strengthening the social safety net to protect the most vulnerable