:Pakistan is committed to completing the International Monetary Fund programme while meeting external debt repayments on time, the country's finance minister said on Tuesday during a meeting with the ambassador of its top bilateral lender China.
Pakistan's finance minister, Ishaq Dar, last week told local television that all targets for the IMF's ninth review had been completed, and said the IMF was"behaving abnormally" by not completing the review. In a separate statement on Tuesday, the finance ministry said the IMF programme had come"back on track" and negotiations for the ninth review were at an advanced state.
In his meeting with the Chinese Ambassador, Dar added that Pakistan's government had a"realistic plan" for dealing with spending required to rehabilitate areas affected by devastating flooding a few months ago. Officials have estimated damage from floods at $40 billion.