ISLAMABAD: Minister of State for Finance Aisha Ghaus Pasha said that International Monetary Fund (IMF) programme has not been suspended and talks were afoot ministry level, while technical review is being carried out. State Bank of Pakistan Governor told National Assembly Standing Committee on Finance that $ 33 billion payments had to be made in current fiscal year out of which debt is $ 23 billion and current account deficit $ 10 billion.

Speaking on occasion, Aisha Ghaus Pasha said that technical dialouges with international lender were ongoing virtually and staff level agreement will be signed after resolving issues. Governor SBP further told committee that debt of $ 6 billion has been returned while debt of $ 4 billion has been rolled over, adding that negotiations are ongoing to roll over commercial loans of $ 8.3 billion, while commercial loans of $ 1.1 billion have to be returned

Published in The Daily National Courier, December, 17 2022

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