Mettis Global News
Mettis Global News
Mettis Global News
Mettis Global News

MPS Preview: High for Longer

IMF mission to visit this month to discuss potential financial assistance

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April 15, 2019 (MLN): A delegation of the International Monetary Fund (IMF) will visit Pakistan this month to carry on  discussion regarding a potential support program from the Fund.

The Office of the Resident Representative of IMF has issued the following press statement, this afternoon:

“The Pakistani authorities and IMF staff held constructive discussions during the IMF/World Bank Spring Meetings in Washington DC towards an IMF-supported program. At the request of the authorities, an IMF mission will be going to Pakistan before the end of April to continue the discussions.”

This statement from the IMF representative dispels media reports regarding postponement of the visit by the mission, citing that the IMF is seeking additional information regarding CPEC projects to ensure that the financial assistance from the Fund will not be used to repay loans to China.

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Posted on: 2019-04-15T17:12:00+05:00

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