IMF approaches political parties in Pakistan

July 07, 2023 (MLN): International Monetary Fund (IMF) has approached political parties in Pakistan in order to seek assurances of their support pertaining to the new Stand-By Agreement (SBA).

“IMF staff are in the process of meeting with representatives of the major political parties in Pakistan, including PML-N, PPP, and PTI, to seek assurances of their support for the key objectives and policies under a new IMF-supported program ahead of the approaching national elections,” Esther Perez Ruiz, IMF Resident Representative Office in Pakistan said.

“As announced, the new SBA with Pakistan is expected to be considered by the IMF Executive Board in the coming days,” she added.

After this statement, Hammad Azhar, Secretary General Central Punjab informed through his Twitter handle that the IMF has approached his economic team to solicit the party's support for the $3 billion Stand-By Agreement and its broad objectives.

"An IMF team will call on Party Chairman Imran Khan at Zaman Park this afternoon," he added.

Both PTI's economic and IMF teams will join, in person and virtually, to participate in the discussions.

PTI's economic team has been approached by the IMF to solicit the party's support for the USD 3 BN Stand-By Agreement and its broad objectives.
An IMF team will call on Party Chairman Imran Khan at Zaman Park this afternoon. Both PTI's economic team and the IMF team will join, in…

— Hammad Azhar (@Hammad_Azhar) July 7, 2023

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