Miftah Ismail departs for Washington to renegotiate IMF program

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The newly appointed Finance Minister Miftah Ismail departed for Washington on Wednesday seeking the revival of the $6 billion International Monetary Fund (IMF) programme signed by the PTI government.

In May 2019, Pakistan and the IMF reached a staff-level agreement on economic policies for a three-year Extended Fund Facility (EFF). Under the agreement, Pakistan was to receive about $6 billion during a period of 39 months, and so far it has received almost half it.

The newly appointed Finance Minister Miftah Ismail departed for Washington on Wednesday seeking the revival of the $6 billion International Monetary Fund (IMF) programme signed by the PTI government.

In May 2019, Pakistan and the IMF reached a staff-level agreement on economic policies for a three-year Extended Fund Facility (EFF). Under the agreement, Pakistan was to receive about $6 billion during a period of 39 months, and so far it has received almost half it.

The newly appointed Finance Minister Miftah Ismail departed for Washington on Wednesday seeking the revival of the $6 billion International Monetary Fund (IMF) programme signed by the PTI government.

In May 2019, Pakistan and the IMF reached a staff-level agreement on economic policies for a three-year Extended Fund Facility (EFF). Under the agreement, Pakistan was to receive about $6 billion during a period of 39 months, and so far it has received almost half it.