PAKISTAN IMF STANDBY ARRANGEMENTS

Pakistan IMF negotiations on standby agreement begins

epa10953955 Nathan Porter (C), IMF global lender's country chief, leaves after a meeting with Pakistani officials in Islamabad, Pakistan, 02 November 2023. Pakistan and the IMF began negotiations for the next 700 million dollars installment on 02 November. The IMF review mission, led by country chief Nathan Porter, arrived in Pakistan to evaluate the nation's economic performance from July to September. Pakistan has fulfilled all conditions of the IMF for the review talks under the 3 billion dollars Standby Arrangement (SBA). Expected changes before the talks include an increase in the levy on diesel and already increased gas rates. EPA/SOHAIL SHAHZAD

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