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Pakistan: Agreement with IMF to be signed this week, says Finance Adviser Tarin

ISLAMABAD, 02 November 2021, (TON): Prime Minister’s Adviser on Finance Shaukat Tarin said “Pakistan and the International Monetary Fund (IMF) have reached an agreement regarding the resumption of the Extended Fund Facility (EFF) programme.”

According to media sources, the finance adviser said that a formal accord in this regard will be signed later this week.

Pakistan and the International Monetary Fund (IMF) had held talks in the first week of October, but they could not reach a staff-level agreement at the scheduled time because of differences over the macroeconomic framework. However, Tarin had allayed concerns at the time, saying talks were still ongoing.

Tarin also addressed the inauguration ceremony of the Pakistan Single Window (PSW) in Islamabad.

The adviser said “business activities would not only resume but would also grow at a much faster pace, so there is a dire need to take advantage of this opportune situation.”

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