Pakistan has met the IMF's benchmarks for maintaining the status quo in the energy sector - in an outcome that may help to get the next loan tranche of USD 1.2 billion, officials said, ahead of the visit of the global lender's review mission to the c
The South Asian nation will seek to negotiate an Extended Fund Facility with the IMF, the official said, asking not to be identified as the discussions are private. Talks with the Washington-based lender are expected to start in March or April, the person said.
Pakistan s political impasse may end with a coalition government, but economic worries persist over the finance minister appointment. The PML-N faces a choice between an experienced banker or a new face. The PPP opposes Dar s appointment. The IMF deal is crucial for Pakistan s credit profile.
Under crisis, Pakistan has received USD 700 million from the International Monetary Fund (IMF) as part of its ballout programme, Geo News reported quoting State Bank of Pakistan (SBP) governor Jameel Ahmed on Wednesday.