Pakistan, IMF reach staff-level agreement on steps for revival of package

The International Monetary Fund (IMF) and Pakistan reached a staff-level agreement on policies and reforms needed to complete the sixth review under the $6 billion Extended Fund Facility (EFF) which has been ‘in recess’ since April, the Fund announced in a statement on Monday. The agreement is subject to approval by the Fund’s Executive Board, following the implementation of prior actions, notably on fiscal and … Continue reading Pakistan, IMF reach staff-level agreement on steps for revival of package