Jihad Azour (IMF Director) on Wednesday (today) said that talks with Pakistan are progressing and various terms of the loan program are being reviewed.
The director of the IMF has said that the sixth review talks are underway between the IMF and Pakistan.
The IMF Director said that the recent steps taken by Pakistan are being considered and the talks have entered the right direction.
On the other hand, State bank of Pakistan (SBP) Governor Reza Baqir said that the good news of talks with the IMF would be given soon to the nation as the talks with IMF are progressing in the right direction.
Earlier, Shaukat Tarin had urged the country not to give up hope after rejecting the impression of failure of Pakistan-International Monetary Fund (IMF) discussions, according to media reports.
As per Shaukat Tarin, it is incorrect to believe that Pakistan’s discussions with the International Monetary Fund (IMF) have failed.
He stated that the secretary of finance is still in Washington, and that the head of the Federal Board of Revenue (FBR) is in communication with the team negotiating with the IMF.
The meeting with the IMF’s MD was constructive, and the negotiations with the fund would be successful, he continued. In response to a query, Shaukat Tarin stated that banks continually demand that we “do more,” but Pakistan cannot cross the redlines.