Islamabad: The International Monetary Fund (IMF) is deliberating the possibility of extending additional financial support to partner countries during the current testing times amid coronavirus outbreak.

This was stated by, IMF Managing Director, Kristalina Georgieva while speaking at a virtual meeting of the Ministers and Governors of the Middle East, North Africa, Afghanistan and Pakistan (MENAP) region.
The meeting was attended by Federal Minister for Finance and Revenue, Muhammad Hammad Azhar and other Ministers and Governors.
“The IMF Board is deliberating the possibility of extending additional financial support to partner countries during these testing times,” said IMF Managing Director.
The discussion focused on the impact of the pandemic on the economies of the region and the implications of policy reforms undertaken to mitigate the human and economic impact of the pandemic.
Kristalina Georgieva highlighted that the economic recovery this time is usually faster as nations have learnt lessons on how to handle emerging circumstances in their own peculiar way.
As per a press statement issued by the Finance Ministry, IMF managing director asked member countries to pursue a coherent strategy, keeping sufficient fiscal space for expansion of social safety nets and business support initiatives.
Moreover, she also underscored the importance of having green economies in post-COVID-19 outbreak to spearhead economic activities with enhanced energy and protection of biodiversity and ecosystems.
Frontier Constabulary to become countrywide force under new ordinance
- 5 hours ago
Karachi police bust betel nut smuggling hidden in cement sacks
- 5 hours ago

Wildlife force deployed as no-bird zones enforced near Lahore airport
- 10 hours ago
Iran confirms assassination attempt on President Pezeshkian amid Israeli airstrikes
- 9 hours ago

Emergency vaccination reduced deaths by nearly 60% during epidemics, study finds
- 7 hours ago

PTI expels five lawmakers for defying party policy
- 5 hours ago
Kim Jong-un offers full support to Russia in Ukraine war
- 7 hours ago

High risk near rivers as Tarbela spillways open today
- 9 hours ago
WhatsApp introduces new feature to show how many people are typing in group chats
- 8 hours ago

Sindh police give 10-day deadline to personnel to quit gutka, mawa use
- 8 hours ago

Indian drone strike kills 3 separatist leaders in Myanmar
- 5 hours ago
Rawalpindi to Multan bus meets accident; 5 in critical condition
- 10 hours ago