IslamabadFinance Minister Mohamed Uranzib expressed his confidence that Pakistan is about to finish an agreement with the International Monetary Fund (the International Monetary Fund). He stated that the talks are in the final stages, with no significant obstacles.
In a media briefing on Friday, Aurangzeb stressed that Pakistan is advancing well towards achieving the economic goals of the International Monetary Fund, reassuring the public that discussions are scheduled to conclude positively.
The Minister of Finance affirmed Pakistan’s commitment to maintaining financial discipline, citing the government’s efforts to adhere to the financial framework established by the International Monetary Fund.
Continuous discussions focus on securing the following segment of financing, which is vital for the economic recovery of Pakistan.
Last week, Nathan Porter, head of the International Monetary Fund mission in Pakistan, indicated that significant progress has been made for the final touches on an employee level agreement on the first review of the Pakistani loan program of $ 7 billion. This teacher is very important because about a billion dollars will be opened in financing as part of the second batch of loan.
In addition to economic issues, Aurangzeb took the urgent issue of climate change. He called for financing the organized climate to address environmental risks, stressing the urgent need to address the increasing threats posed by issues such as the rapid fusion of ice rivers and economic turmoil in cities such as Lahore.
Aurangzeb also admitted the challenges in fully benefiting from international pledges to rehabilitate floods, noting the issues in the implementation of resources.
On Thursday, Pakistan’s governor in Pakistan was Yazan, saying that there are no obstacles by the Central Bank to reach an agreement at the level of employees with the International Monetary Fund. He suggested that any remaining issues are likely to be linked to the federal government, but he expressed optimism that an agreement would be reached soon.
During the meeting of the PAC Committee (PAC), Ahmed stressed that the discussions are continuing and hoped for a quick solution, although he did not provide a specific timetable for a delay agreement, which was initially expected by March 14.
The PAC session also revealed that the federal government is scheduled to grant Finance Minister Uranquit “Emperor -like powers” to agree to the special honor of employees and employees from various government departments.
As of now, Pakistan and its colleagues are completing the MEFP Memorandum, especially in areas such as trade, taxes and circular debts. Despite the delay in putting the finishing touches on some aspects, the federal authorities are still optimistic about the conclusion of the agreement soon. The International Monetary Table for the program review requires its completion by March 15, but both sides are optimistic that the final steps are close.
