Economist Khaqan Najib has said that we will have to do another program with the International Monetary Fund (IMF).
Commenting on the agreement between the International Monetary Fund (IMF) and Pakistan, Khaqan Najeeb said that 1 billion dollars will come from the IMF in July, the short-term pressure on reserves will end.
He said that Pakistan has reserves of 4 billion dollars, 6 billion dollars have to be given in the next 6 months, some of the burden of inflation will be reduced.
Economic expert Khaqan Najeeb said that it is a moment of thought that Pakistan cannot complete the reforms even with the IMF, Pakistan needs to make reforms.
Khaqan Najeeb says that this agreement is a short-term injection of 9 months for balance of payments to Pakistan, we should think why the previous IMF program was not completed.
Economist Khaqan Najeeb said that there is a possibility of 25 to 33 percent increase in prices in the energy sector, and Pakistan will have to undertake fundamental structural reforms.
It should be noted that the International Monetary Fund (IMF) has signed a staff level agreement with Pakistan.
Pakistan and IMF have signed an agreement for 3 billion dollars standby arrangement.
The International Monetary Fund says that a 9-month standby agreement has been reached with Pakistan.
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