It should be noted that yesterday (Thursday) the first session of table talks was completed amid loan program.
Islamabad: The International Monetary Fund (IMF) has termed the funds insufficient under the National Finance commission (NFC) and demanded to review it with provinces.
According to the details, the second phase of table talks are going to held today (Friday) between IMF and Pakistan. In these table talks, a plan has summoned on privatization of government owned institutions.
This second session was chaired by IMF delegation’s leadership Nathan Porter. IMF demanded to Pakistan to review the division of financial resources between provincial and federal governments.
A term sheet agreement will be prepared for the privatization of Pakistan International Airline (PIA) on which 12 percent rate of interest will be imposed on that.
It should be noted that yesterday (Thursday) the first session of table talks was completed amid loan program.
Trump says 100% tariffs on China not sustainable, still plans to meet Xi
- 2 hours ago
Magnitude 5.6 quake jolts Islamabad, Swat, surroundings
- 5 hours ago
Punjab cabinet approves ban on Tehreek-e-Labbaik Pakistan (TLP)
- 6 hours ago
PM Shehbaz inaugurates upgraded GARL of Geological Survey
- 2 hours ago
Bangladesh parties sign reform charter, but student and leftist group stays away
- an hour ago
Pakistan draw match with Australia 3-3 in Sultan of Johor Hockey Cup
- an hour ago
Working hours of govt, private schools changed in Punjab
- 7 hours ago
Follow live: Lions travel to Arrowhead to take on Chiefs on 'Sunday Night Football'
- 5 hours ago
Meta to give teens' parents more control after criticism over flirty AI chatbots
- an hour ago
PM directs coordinated efforts for swift repatriation of Afghan nationals
- 4 hours ago
NHSP PUNJAB brings provinces together to strengthen data-driven primary healthcare
- 28 minutes ago
Lions' Branch suspended one game for fight
- 5 hours ago
