Muhammad Aurangzeb says the IMF has been very receptive in terms of agreeing to consider a larger and longer programme.
Washington: Finance Minister Muhammad Aurangzeb said on Monday that Pakistan is on track to secure a new loan from IMF.
In an interview with English Language newspaper The National, he said the IMF has been very receptive in terms of agreeing to consider a larger and longer programme.
The Finance Minister said Pakistan would need at least three years of support to carry out a reform agenda across several sectors including taxation and energy.
Muhammad Aurangzeb said macroeconomic factors are shifting in Pakistan's favour as it works to boost its lagging economy.
The Finance Minister said Pakistan's currency has stabilized and the inflation is on track to drop to single-digit levels by the end of next year.
ICC announces T20 World Cup 2026 schedule
- ایک گھنٹہ قبل
‘Zootopia 2’ film takes on the growing pains of a new partnership
- 3 گھنٹے قبل
Cold, dry weather likely in most parts of country: PMD
- 3 گھنٹے قبل
Gold prices surges in Pakistan, global markets
- 3 گھنٹے قبل
UAB player arrested after stabbing two teammates
- 16 گھنٹے قبل
Where the most chaos could be lurking on Rivalry Week
- 16 گھنٹے قبل
UN seeks ‘impartial’ probe into Israeli strikes in Lebanon
- 3 گھنٹے قبل
Week 12 winners and losers: Gibbs notches highest score of season, Taylor goes quiet
- 16 گھنٹے قبل
DG ISPR denies carrying out any attacks inside Afghanistan
- 4 گھنٹے قبل
Field Marshal Munir lauds outgoing CJCSC Sahir Miraz's exemplary leadership
- 3 گھنٹے قبل
Pakistan Navy successfully tests fire anti-ship ballistic missile
- 41 منٹ قبل
Colorado has wolves again for the first time in 80 years. Why are they dying?
- 15 گھنٹے قبل
