IMF least interested in Pakistan’s political situation

A senior IMF official has avoided to respond on Pakistan’s political situation, lauding the caretaker government for maintaining economic stability.

The International Monetary Fund also reiterated its resolve to work with the PML-N led government.

Completing the current standby arrangement is a priority of IMF. We are looking forward to work with Pakistan’s new government to ensure economic stability, Director of Communications Julie Kozek told a press briefing.

The current standby arrangement will in April 2024.

He said that IMF is set to send its team for the second economic review after the formation of the new cabinet of Pakistan.

It was emerged, earlier, the newly-elected government has decided to avail a fresh IMF loan program and in this connection the Ministry of Finance has initiated actions on the directives of the prime minister.

Islamabad is likely to apply for $6 to 8 billion loan program from the IMF.

Sources said the conditions of the International Monetary Fund would be stricter this time.