Finance Minister and Governor of SBP will agree on MEFP


Islamabad: A staff-level agreement could not be reached between Pakistan and the International Monetary Fund (IMF), reportedly.
According to media reports, the IMF has shared the Memorandum of Economic and Financial Policies (MEFP) for the agreement and new conditions have been added to it.
The Finance Minister and the Governor of the State Bank will agree on the MEFP. The new conditions under the MEFP will have to be implemented in the next six months and the MEFP has conditions for the upcoming budget, climate, and energy sectors.
It is also reported that the MEFP conditions will have to be met to receive the second tranche, and an agreement will be reached after the MEFP is agreed with the IMF.

Joint statement on state visit of PM Shehbaz to Kingdom of Saudi Arabia
- 4 hours ago

Trump asks the Supreme Court to give him total control over the US economy
- 6 hours ago

Dabo defends record following 1-2 start, poll exit
- 7 hours ago

A Democratic senator on the fights his party has to pick
- 6 hours ago

PM Shehbaz Sharif leaves for London after completing Saudi visit
- 29 minutes ago

Saudi Arabia, Pakistan together against aggressor, forever and ever: Saudi Defense Minister
- 2 hours ago

Taliban administration bans internet in Afghanistan
- 35 minutes ago

Why is Trump suing the New York Times?
- 6 hours ago

Pakistan's first, most advanced coblation treatment for cancer launched
- an hour ago

Mashreq Digital Bank in Pakistan, Pakistanis in Emirates can send remittances for free
- 4 hours ago

Heavy rain in areas of Islamabad, Azad Kashmir
- 2 hours ago

3 cops killed in shooting in US state of Pennsylvania
- 4 hours ago