Reports of non-fulfilment of external financing are baseless, Ministry of Finance


The Ministry of Finance dismissed the news about non-fulfillment of Pakistan’s external financing as baseless.

According to the announcement of the Ministry of Finance from Islamabad, all the figures for the current fiscal year were provided at the time of standby agreement with the International Monetary Fund (IMF).

According to the statement, the IMF and the Ministry of Finance are monitoring all the measures under the agreement. The IMF and the Ministry of Finance are also monitoring fiscal and foreign exchange reserve targets.

According to the statement, the Ministry of Economic Affairs and partners are jointly looking at the provision of mutual and multilateral funds.

According to the statement of the Ministry of Finance, the Ministry of Finance is in regular contact with the commercial banks. Hope all remittances will be completed soon. The government is committed to maintaining fiscal discipline.

According to the declaration, all the expenditures this year will be in accordance with the promises made in the budget. The Ministry of Finance is in touch with all Ministries and Provincial Government to fulfill the commitments. The government remains committed to achieving the primary goals.

According to the statement, the government is working with the IMF to successfully complete the review.

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