After rejecting the final draft agreement for IMF bailout package, Prime Minister Imran Khan has summoned a meeting on Monday (May 13) to be briefed on economic affairs including talks with the International Monetary Fund (IMF) and the amnesty scheme.
After months of negotiations, Pakistan and the International Monetary Fund (IMF), finally reached a consensus agreement on the bailout package for Pakistan, but due to IMF’s condition of heavy tax collection, Prime Minister Imran khan has expresses reservations over the final draft of the agreement and allegedly rejected the draft, sources said. Pakistan has not yet declared the final agreement with IMF publicly. PM Imran has also insisted IMF on inclusion of some new conditions in the programme, which appeared unreasonable.
Earlier the spokesman of the Finance Ministry, Dr. Khaqan Hasan Najeeb has said that “We have made good progress in our discussions with the visiting IMF Mission. Consultations will continue over the weekend,”, his statements came after Pakistan accepted the conditions of IMF including increase the prices of gas and electricity.
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20 July, 2019