Pakistan and IMF discussing new multi-billion-dollar program, finance minister says

  • 📰 brieflyza
  • ⏱ Reading Time:
  • 40 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 19%
  • Publisher: 68%

Belgique Nouvelles Nouvelles

Belgique Dernières Nouvelles,Belgique Actualités

Pakistan has initiated discussions with the IMF over a new multi-billion dollar loan agreement to support its economic reform program, its new finance minister told AFP on Monday.

Pakistan's Finance Minister Muhammad Aurangzeb speaks during an interview with AFP at the Embassy of Pakistan in Washington, DC on April 15, 2024. Pakistan has initiated discussions with the IMF over a new multi-billion dollar loan agreement to support its economic reform program, its new finance minister told AFP on April 15, 2024.

"The market confidence, the market sentiment is in much, much better shape this fiscal year," said Aurangzeb, a former banker who took up his post last month."It's really for that purpose that, during the course of this week, we have initiated the discussion with the Fund to get into a larger and an extended program," he added.

"I do think that we will at least be requesting for a three year program," Aurangzeb said."Because that's what we need, as I see it, to help execute the structural reform agenda." "From our perspective it has to be an and-and discussion," Aurangzeb said when asked how the Sharif government plans to conduct its trading relationships with the world's two largest economies.

 

Merci pour votre commentaire. Votre commentaire sera publié après examen.
Nous avons résumé cette actualité afin que vous puissiez la lire rapidement. Si l'actualité vous intéresse, vous pouvez lire le texte intégral ici. Lire la suite:

 /  🏆 10. in BE

Belgique Dernières Nouvelles, Belgique Actualités

Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.

IMF Urges China to Reinvent Itself to Resolve Property Market CrisisIMF's Managing Director Kristalina Georgieva calls on China to adopt new economic policies to address the property market crisis and promote domestic consumption and productivity.
La source: SABC News Online - 🏆 32. / 51 Lire la suite »

IMF mission on visit to Ethiopia: Finance Ministry - SABC News - Breaking news, special reports, world,The IMF is in Ethiopia, a senior finance ministry official said on Thursday.
La source: SABC News Online - 🏆 32. / 51 Lire la suite »