Finance ministry dismisses fiscal numbers-only claim
The ministry said the $7 billion IMF program also covers reforms, social protection and energy measures, not just fiscal targets.
5 Articles
5 Articles
Finance ministry clarifies Pakistan’s IMF programme, rejects Finance Division-centric view
ISLAMABAD - The Ministry of Finance on Tuesday said that Pakistan entered the International Monetary Fund (IMF) programme with limited fiscal and external buffers and significant financing requirements and restoring fiscal sustainability, rebuilding reserves and reducing refinancing risks are necessary conditions for durable private.
Finance Ministry rejects claim that petroleum levy is ‘centre piece’ of IMF programme
The Finance Ministry has rejected reports that the Petroleum Development Levy (PDL) was the “central point” of Pakistan’s ongoing programme with the International Monetary Fund (IMF), saying that the reports are “misleading” and the claim overstated the levy’s role in the $7 billion Extended Fund Facility (EFF) and $1.1 billion Resilience and Sustainability Facility (RSF). […]
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