Virtual talks continue between IMF, Pakistan on new program

MG News | June 07, 2024 at 11:46 PM GMT+05:00

0:00

June 08, 2024 (MLN): The International Monetary Fund (IMF) said discussions are continuing virtually with Pakistani authorities and significant progress has been made toward reaching a staff-level agreement on a new program.

Julie Kozack, Director of the Communications Department at IMF, stated this while addressing a press briefing on Thursday.

"We recently had staff visiting Pakistan. The staff was there May 13th through 23rd.

We made significant progress toward reaching a staff-level agreement on a homegrown program that can be supported under a new Extended Fund Facility (EFF) with the Fund.

"Those discussions are continuing virtually," Kozack said.

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