Ahsan expresses satisfaction with recent IMF package

Islamabad, July 05, 2023 (PPI-OT): Planning Minister Ahsan Iqbal has expressed satisfaction with the recent IMF package, which alleviated concerns of an immediate default. He conveyed his views during the “Beyond IMF Agreement: Challenges and Opportunities for Pakistan” Twitter space today. The Minister, however, emphasized that the deal should be seen as a temporary relief and mere a breather, rather than a lasting solution.

He said Pakistan secured a three-billion-dollar short-term financial package from the IMF as a result of strenuous efforts of the coalition government. Ahsan Iqbal described this as a much-needed respite that restored investor’s confidence. He stressed the necessity of implementing structural reforms to guide the country onto a sustainable path and achieve desired results in the long term.

For more information, contact:

Ministry of Information and Broadcasting

Government of Pakistan

4th Floor, Cabinet Block, Pak. Secretariat, Islamabad, Pakistan

Tel: +92-51-9103557

Email: [email protected]

Website: http://www.moib.gov.pk

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