Advertisement
Categories: News

IMF Urges Pakistan to Strictly Follow Loan Program Goals

Advertisement

The International Monetary Fund (IMF) has emphasized the importance of Pakistan strictly implementing the targets of its current loan program, following negotiations held from November 12 to 15 under the leadership of Mission Chief Nathan Porter.

The talks, involving federal and provincial governments as well as private sector representatives, reviewed economic reforms, policies, and government performance. The discussions were part of the IMF’s semi-annual review.

Nathan Porter described the negotiations as positive, highlighting commitments to enhancing tax revenue from untapped sectors, increasing provincial roles in social security, and addressing energy reforms. He also stressed the need to expand private sector participation while reducing government involvement in various sectors.

The IMF stated that achieving the program’s targets could improve the quality of life for Pakistanis. The Executive Board will be briefed on the talks, and an IMF delegation is set to revisit Pakistan in early 2025.

Advertisement
News Desk

Recent Posts

Fatima Fertilizer’s Sarsabz Tabeer launches healthcare initiative in collaboration with MASH and the Government of Punjab

As part of its ongoing commitment to empower rural women and female farmers, Fatima Fertilizer,…

7 days ago

Payoneer Hosted “Game Leaders Connect 2025” to Power Global Growth for Pakistan’s Gaming Industry

Payoneer (NASDAQ: PAYO), the global financial technology company powering business growth across borders, hosted Payoneer’s…

7 days ago

foodpanda launches Pakistan’s first multi-brand dining destination, ‘The Commune’

foodpanda, Pakistan’s leading online delivery platform, has announced the grand opening of "The Commune by…

7 days ago

Why Did Temu & AliExpress Prices Suddenly Increase in Pakistan?

Pakistani shoppers were left shocked this week as prices on popular e-commerce platforms Temu and…

7 days ago

Petrol, Diesel Prices May Surge by Up to Rs15/Litre

The government is preparing to impose another steep increase in petroleum prices, dealing a fresh…

1 week ago

Sindh Bank selects PTCL to enhance Bank’s Digital Connectivity Infrastructure

Pakistan Telecommunication Company Limited (PTCL) and Sindh Bank have signed an agreement for deployment of…

1 week ago