An agreement with the IMF is expected in the next few days: Ishaq Dar
Federal Finance Minister Ishaq Dar says he is ‘absolutely committed’ to complete the $7 billion IMF program and an agreement with the IMF is expected in the next few days.
Addressing a seminar held at a local hotel in Islamabad, the Federal Finance Minister said that the country is facing many challenges and this economic crisis has been inherited by the coalition government, but the government is trying to restore the economy and overcome the economic problems soon. will
Ishaq Dar said that Pakistan’s economic problems have increased since 2018 because Imran Khan deviated from the IMF program. Damaged the confidence of development institutions. Bad policies of PTI led to lack of foreign investment and increased budget deficit.
He said that the coalition government made payments on the loans. Non-payment of loans would have undermined the confidence of development partners, assurances given by the previous government have been fulfilled by the current government, Pakistan has completed a single IMF program in 2016.
The finance minister said the current government is ‘absolutely committed’ to completing the $7 billion IMF programme. An agreement with the IMF is expected in the next few days. Whatever the situation may be, the agreements of the previous government will be respected.