IMF Director Communications Julie Kozack said board meeting would approve Pakistan's request
LAHORE – The International Monetary Fund on Wednesday approved the much-awaited $7 billion Extended Fund Facility for Pakistan .
The Extended Fund Facility loan programme was agreed upon between Pakistan and the IMF on July 12 last. Earlier, Prime Minister Shehbaz Sharif told media after a meeting with Turk President Tayyip Erdogan that Islamabad had met strict conditions of the IMF and hoped that it would get fiscal assistance to stabilise the country’s economy. On Tuesday, Finance Minister Muhammad Aurangzeb expressed optimism about approval of the $7 billion Extended Fund Facility by the International Monetary Fund in its today's meeting.
Aurangzeb said the private sector had the potential to drive the country's economic growth. The foreign investment in the country was increasing, he added.
IMF Loan Extended Fund Facility Prime Minister Shehbaz Sharif Finance Minister Aurangzeb
پاکستان تازہ ترین خبریں, پاکستان عنوانات
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