Business
Return application prepared for new IMF loan program
Pakistan's economic team will also discuss to increase financing during the meeting with the World Bank officials, added reports.
Islamabad: The return application for the new loan program from the International Monetary Fund (IMF) has been prepared, reportedly.
According to media reports quoting Finance Ministry sources, Mohammad Aurangzeb will make two requests for new loan program during his meeting with IMF including Extended Fund Facility and Additional Fund for Climate Change.
It is reported that a briefing has been prepared for the IMF officials regarding the measures and allocated budget to deal with climate change. The governor of the State Bank of Pakistan (SBP) and the Secretary of the Ministry of Finance will inform the IMF officials about the economic indicators during the meeting.
Media reports citing Finance Ministry sources said that as a result of positive discussions with Managing Director (MD) IMF, the IMF mission will reach Pakistan next month for negotiations. The mission will work with the economic team to prepare the new loan program and budget for the next fiscal year.
Pakistan's economic team will also discuss to increase financing during the meeting with the World Bank officials, added reports.
-
Pakistan 8 hours ago
Driving license exclusively for studentsĀ
-
Technology 17 hours ago
Eken fixes āterribleā video doorbell issue that could let someone spy on you
-
Pakistan 13 hours ago
Rain, hail expected in Punjab, KP today
-
Pakistan 2 days ago
KP govt to buy local wheat
-
Regional 1 day ago
How JoJo Siwaās ārebrandā got so messy
-
Regional 2 days ago
Punjab CM orders to take precautionary measures to avert rain hazards
-
Entertainment 7 hours ago
Wedding pictures, videos of ASP Shehrbano go viral
-
Pakistan 2 days ago
CM Punjab orders precautionary measures as more rains expected