Minister for Finance and Revenue Muhammad Aurangzeb announced on Friday that a government delegation will meet with the International Monetary Fund (IMF) in Washington DC on April 14 and 15.
Talking to the media during his visit to the Pakistan Stock Exchange (PSX), the Minister said that the features of a new programme will be discussed in a Washington DC meeting. However, detailed talks will be held in Pakistan.
He also said that the government plans to join a longer programme with the IMF, adding that the country’s economy will stay stable with the fund.
Prime Minister Shehbaz Sharif also hinted on March 21 that the new IMF programme will last for three years.
“New tranche of loan is likely to be received from the IMF in a few days, however, we would need another programme,” he had said while addressing a session of the Special Investment Facilitation Council’s (SIFC) apex committee attended by civil-military leadership.
Aurangzeb responded to a question regarding the IMF, saying that the size of the new programme has not been discussed yet.
