Finance Ministry says Pakistan-IMF deal to be sealed tomorrow

The Pak-IMF deal granting Pakistan the billion dollar loans will be sealed by tomorrow as the IMF plans to hand over economic and financial policy to Pakistan, ARY News reported.

According to the Ministry of Finance, the International Monetary Fund (IMF) will hand over economic and financial policy for the renewed agreement providing an economic relief package to Pakistan.

Finance Minister Mifta Ismail told the National Assembly session that although the country is plagued by negative sentiments expressed by many financial circles, it seems very likely that the restoration of the IMF program will be in sight.

Given the erratic policies followed by successive governments in managing the economy, almost all international financial institutions have become wary when dealing with Pakistan.

Unfortunately, instead of tending to embrace double-dealing as their main method of resolving financial difficulties, Pakistani financial managers see it as a core part of their negotiation strategy that is deeply resented by agencies. donors.

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Moreover, Prime Minister Shehbaz Sharif had claimed that the terms with the International Monetary Fund (IMF) had been finalized and the deal would be concluded soon, barring any other conditions set by the global lender.