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Pakistan commences discussion with IMF on larger program

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WASHINGTON DC: Finance Minister Muhammad Aurangzeb, while talking to Citibank officials here on Thursday (18th April, 2024), stated that Pakistan has not only repaid Eurobond on time but also commenced discussion with IMF on a larger program.

Briefing the Citibank officials about state of Pakistani economic affairs, Finance Minister spoke about positive indicators including rising stock market, renewed interest of foreign buyers and institutional flows on the back of Stand-by Arrangement (SBA) signed with IMF.

Muhammad Aurangzeb spoke about priority areas of taxation, energy sector overhaul and reforms in state owned enterprises.

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