Iftar Time Ramadan 1
Lahore
LHR
06:03 PM
Karachi
KHI
06:36 PM
Islamabad
ISB
06:07 PM
Peshawar
PWR
06:13 PM
Quetta
QTA
06:34 PM
Ramadan Pedia

IMF mission arrives in Islamabad to review progress on Extended Fund Facility

IMF mission arrives in Islamabad to review progress on Extended Fund Facility

Business

Finmin Aurangzeb meets visiting mission

Follow on
Follow us on Google News
Advertisement
0 seconds of 0 secondsVolume 0%
Press shift question mark to access a list of keyboard shortcuts
00:00
00:00
00:00
 

ISLAMABAD (Dunya News) – The International Monetary Fund (IMF) mission arrived here in Islamabad on Monday for holding negotiations with the federal government over various aspects of the Extended Fund Facility (EFF) worth $7 billion.

According to sources, the government team submitted its report of economic targets to the IMF mission while also briefing the global lender on overall economic situation.

Sources said that Federal Finance Minister Muhammad Aurangzeb and authorities from the Federal Board of Revenue (FBR) and the State Bank of Pakistan (SBP) attended the meeting.

The IMF board will hold negotiations with relevant departments after reviewing the report submitted by the government.