Washington () The IMF has said that they are ready to send a mission for another economic review immediately after the formation of the new cabinet of Pakistan. “We look forward to working with the new government to implement policies that ensure microeconomic stability in Pakistan,” IMF Director of Communications Julie Kozek said at a press briefing in Washington.
Under the IMF’s current $3 billion program, Pakistan is yet to receive the final tranche of $1.2 billion, which will be released only after the review mission, while there are reports that Pakistani officials are considering another $6-8 billion program. Want. Julie Kozek said that on January 11, approved the first review of Pakistan’s standby arrangement, currently the focus is on completing the current standby program, the standby program with Pakistan ends in April 2024, for economic stability. Looking forward to working with the new government of Pakistan
The IMF official said that a standby second review mission would be sent after the formation of a new cabinet in Pakistan. The caretaker government maintained economic stability by pursuing fiscal targets. The caretaker government maintained a strict monetary policy to control inflation. The authorities took steps to ensure social security.
