Meeting between PM, Kristalina ends with no clues of tranche

June 22, 2023 (MLN): The meeting between the Prime Minister of Pakistan, Shehbaz Sharif, and Ms. Kristalina Georgieva, Managing Director of the International Monetary Fund (IMF), in Paris, concluded without any indications of Pakistan securing the IMF tranche.

"We had a fruitful discussion on how the IMF can continue to work closely with Pakistan on policies to maintain macroeconomic stability and advance inclusive growth for the Pakistani people," Kristalina tweeted right after the meeting. 

Very pleased to meet Pakistan PM @CMShehbaz on the margins of the Paris Summit. We had a fruitful discussion on how the IMF can continue to work closely with ???? on policies to maintain macroeconomic stability and advance inclusive growth for the Pakistani people. pic.twitter.com/9ElFG7mHrQ

— Kristalina Georgieva (@KGeorgieva) June 22, 2023

Earlier, the Pakistan side asked the fund to arrange a meeting of Shehbaz Sharif with the IMF Managing Director on the sidelines of the upcoming New Global Financing Pact Summit being held in Paris from June 22-23.

Despite several efforts from Pakistan, hopes are fading for the revival of the much-needed program, which too will expire on June 30.

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