IMF says Pakistan’s flood recovery plan crucial for continued financial support
ISLAMABAD – The International Monetary Fund said a quick finalization of plan to recover from the unprecedented floods is critical for South Asian countries to get continued financial support from bilateral partners.
The massive floods have pushed the country of more than 230 million to the brink as the masses face suffocating inflation.
Reuters quoting IMF resident representative Esther Perez said timely finalization of the recovery plan is crucial to support the discussions, along with continuing financial support.
The Resident Representative of global lender maintained that their staff has continued talks with the local authorities over policies to reprioritize and better target support toward humanitarian and rehabilitation needs, besides quickening reform efforts.
Washington-based lender and Finance Division have yet to approve the starting date for negotiations on the ninth review under the Extended Fund Facility (EFF) programme.
Dar leaves for US to attend IMF, World Bank ... 01:29 PM | 11 Oct, 2022
ISLAMABAD – Federal Finance Minister Ishaq Dar left for a visit to the United States to attend important meetings ...
Earlier this month, the new finance minister Ishaq Dar interacted with the IMF mission chief for Pakistan, to exchange views on the impact of floods on the macroeconomic framework and targets for the current fiscal year.
Pakistan’s new finance chief urges IMF to ease ... 10:15 AM | 30 Sep, 2022
ISLAMABAD – Newly appointed Finance and Revenue Minister Ishaq Dar held a virtual meeting with the International ...
- Adnan Siddiqui unimpressed with Indian remake of 'Aap Jaisa Koi'11:33 PM | 30 Nov, 2022
- Cristiano Ronaldo ‘signs record-breaking $207m per year contract ...11:11 PM | 30 Nov, 2022
- Decision to start first PAKvENG Test delayed till tomorrow10:31 PM | 30 Nov, 2022
- Pakistan decides to keep petrol, diesel prices unchanged10:15 PM | 30 Nov, 2022
- Aima Baig reveals her K-pop star look in new photos09:22 PM | 30 Nov, 2022
- Kriti Sanon quashes dating rumours with Prabhas06:21 PM | 30 Nov, 2022
- Ayeza Khan rocks chic look in new viral pictures05:00 PM | 30 Nov, 2022
- Timeline of Pakistan Army Generals during country’s 75 year-long ...10:28 AM | 29 Nov, 2022
- Only two Pakistani universities make it to Asia’s top 10003:15 PM | 10 Nov, 2022
- Pakistanis named among 'The World's Most Influential 500 Muslims'10:16 PM | 2 Nov, 2022
- Shehbaz Sharif, Imran Khan, Gen Bajwa named among world’s 500 most ...10:36 PM | 1 Nov, 2022