News Formal

IMF review mission commends Pakistan for economic progress: Finance ministry

  • 📰 ChannelNewsAsia
  • ⏱ Reading Time:
  • 25 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 13%
  • Publisher: 66%

Nederland Nieuws Nieuws

Nederland Laatste Nieuws,Nederland Headlines

The International Monetary Fund's (IMF) review mission met with Pakistani authorities in Islamabad on Thursday (Nov 2) and commended the government on its progress toward economic recovery, the country's finance ministry said in a statement.

The South Asian nation is operating under a caretaker government after an IMF loan programme, approved in July, helped avert a sovereign debt default.

"Nathan Porter, IMF Mission Chief, appreciated the government's commitment to meeting the first-quarter targets, and commended the government's efforts and measures taken in some critical areas," the ministry said.

On Monday, Pakistan's central bank held its key rate at 22 per cent. In its statement it said that a"successful and timely completion of the upcoming IMF-SBA review would help unlock other multilateral and bilateral financing".

Wij hebben dit nieuws samengevat zodat u het snel kunt lezen. Bent u geïnteresseerd in het nieuws, dan kunt u hier de volledige tekst lezen. Lees verder:

 /  🏆 6. in NL
 

Bedankt voor uw reactie. Uw reactie wordt na beoordeling gepubliceerd.

Nederland Laatste Nieuws, Nederland Headlines

Similar News:Je kunt ook nieuwsberichten lezen die vergelijkbaar zijn met deze die we uit andere nieuwsbronnen hebben verzameld.

Key China gathering sees bigger role for Communist Party in financeChina would set up a mechanism for resolving local debt risks and managing local government debt. Read more at straitstimes.com.
Bron: straits_times - 🏆 5. / 69 Lees verder »

Xi chairs rare meeting to 'resolve risks' in China's finance sectorChinese President Xi Jinping chaired a key meeting this week aimed at resolving "risks" in the country's finance sector, state media reported Tuesday (Oct 31), as the world's number two economy struggles to shore u
Bron: ChannelNewsAsia - 🏆 6. / 66 Lees verder »