Pakistan, IMF discuss pathways to complete 7th review of IMF program


Islamabad: The Pakistan delegation held several meetings with the IMF officials and discussed pathways to complete the seventh review of the IMF program. The delegation led by Finance Minister Miftah Ismail laid out the Pakistan government’s priorities and efforts to bring fiscal discipline while insulating the vulnerable from oil price volatility in the international markets. The IMF expressed support to the Pakistan delegation. An IMF mission lead by Mission Chief Mr. Nathan Porter will visit Pakistan next month to discuss the issues around subsidies on petrol and electricity announced by the outgoing government. The delegation also met Mr. Axel von Trotsenburg, Managing Director, Mr. Hartwig Schafer, Vice President, and other officials of the World Bank. Progress of ongoing program loans and projects as well as avenues for further assistance were discussed. The finance minister thanked the Bank officials for the financial and technical support provided by the Bank throughout.

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