Shehbaz tells Georgieva that Pakistan met all responsibilities under IMF deal's 9th review

World Jun, 22 2023
Shehbaz tells Georgieva that Pakistan met all responsibilities under IMF deal's 9th review
  • 309
  • 0

PARIS: Prime Minister Shehbaz Sharif assured IMF Managing Director Kristalina Georgieva of fulfilling all requirements under stalled loan programme, saying releasing withheld tranche would bring economic stability to Pakistan and provide relief to people.

He made these remarks during meeting with IMF Chief on sidelines of 'Summit for New Global Financing Pact' in French capital as Pakistan is trying to rescue IMF deal set to expire on June 30.

Shehbaz noted that Islamabad had met all conditions/responsibilities required for 9th review and swift disbursement of funds would greatly boost steps taken by government to stabilise economy.

During meeting, IMF Managing Director informed PM of about process related to final approval of 9th review by executive board.

Meeting comes after it was earlier reported that government had requested meeting between Shehbaz and Georgieva.

A day before this request, it had emerged that ongoing talks between two sides had failed, meaning that country would no more get any money from world's top lender as current programme expires on 30th of this month.

NC Monitoring Desk
NC Monitoring Desk https://www.dailynationalcourier.com/author/nc-monitoring-desk
Daily National Courier is a leading morning English newspaper of twelve pages covering all international and national political developments on 24/7 basis.

NC Big Stories

Govt plans to cut electricity prices by up to Rs10 per unit

ISLAMABAD: Government has unveiled a revised plan to reduce the baseline power tariff by Rs 8 to Rs 10 per unit, quoting sources. The plan aims to address the issue of circular debt, which will be reduced through the reduction of the debt amount. Un...

Govt rejects proposal to exchange Dr. Aafia Siddiqui for Shakil Afridi

ISLAMABAD: Government told the Islamabad High Court (IHC) its position on the proposal to exchange Dr Aafia Siddiqui’s release for Shakil Afridi’s handover. According to reports, the government of Pakistan turned down the possibility of...

Mustafa Amir’s remains exhumed for DNA samples

KARACHI: Following the court orders, Sindh health department’s medical team exhumed body of Mustafa Amir for DNA samples. Mustafa Amir was kidnapped and allegedly murdered by his friends in Karachi’s Defence Housing Authority (DHA) on Jan...

Pakistan releases 22 Indian fishermen, begins repatriation process

KARACHI: Pakistani authorities have released 22 Indian fishermen from Karachi’s Malir Jail, beginning their repatriation process on Friday, as confirmed by a police official.   Arshad Shah, the superintendent of Malir Jail, confirmed that...

More like this
Related

Top Russia, US officials to meet in Saudi Arabia today

MOSCOW: Top Russian and US officials will meet in Saudi Arabia to discuss improving ties, "Possible" truce in Ukraine and a summit between Vladimir Putin and Donald Trump. The talks come amid a burst of diplomacy on the Ukraine conflict, kick-started...

President Zardari meets President of Portugal in Lisbon

LISBON: President Asif Ali Zardari held a meeting with the President of the Portuguese Republic, Mr Marcelo Rebelo de Sousa, at the Palácio Nacional de Belém. President Marcelo Rebelo de Sousa warmly welcomed President Asif Ali Zardari...

Embarrassment for Modi as Macron ignores handshake attempt

PARIS: French President Emmanuel Macron ignited a storm of controversy when he refused to shake hands with Indian Prime Minister Narendra Modi during an event in Paris. The incident, which quickly went viral on social media, showed President Macron g...

President discusses mutual ties with Turkish counterpart

ISTANBUL: President Asif Ali Zardari, who left Pakistan for Lisbon, Portugal to condole the death of Prince Karim Aga Khan IV, held a meeting with Turkish President Recep Tayyip Erdogan in Istanbul. The meeting took place at the Ataturk Airport State...
Need Help? Chat with us