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Pakistan to Sign Staff Level Agreement With IMF By Next Week, Finance Minister Says

admin-augaf by admin-augaf
March 2, 2023
in Business, Finance
Reading Time: 1 min read
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Pakistan Never Default and Continue to Fulfill Commitments says Finance Minister
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Islamabad March 2 2023: Our negotiations with IMF are about to conclude and we expect to sign Staff Level Agreement with IMF by next week says Pakistan Finance Minister.

“Anti-Pakistan elements are spreading malicious rumors that Pakistan may default. This is not only completely false but also belie the facts. SBP forex reserves have been increasing and are almost US $ 1 billion higher than four weeks ago despite making all external due payments on time. Foreign commercial banks have started extending facilities to Pakistan. Our negotiations with IMF are about to conclude and we expect to sign Staff Level Agreement with IMF by next week. All economic indicators are slowly moving in the right direction” says Finance Minister Ishaq Dar.

Tags: IMF
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