Prime Minister Shehbaz Sharif has indicated that the government is likely to extend the new International Monetary Fund (IMF) programme for three years.
“The new tranche of loan is likely to be received from the IMF in a few days, however, we would need another programme,” he said while addressing a session of the Special Investment Facilitation Council’s (SIFC) apex committee attended by civil-military leadership on Thursday.
Shehbaz Sharif also stated that the presence of civil-military leadership, including elected lawmakers, in the session is a clear message of unity, development, and prosperity for the country.
The PM also said that the former coalition government, comprised of 13 political parties, prioritised the country over politics.
“There are major challenges to national economy. The SIFC is an important platform which was primarily establishment to remove hurdles in foreign investments, and it held several meetings during the last eight months.” Chief of Army Staff (COAS) General Syed Asim Munir played vital role in SIFC’s formation, he added.
