Pakistan accepted the IMF’s condition of raising the interest rate by two percent.
Finance Ministry officials say that Pakistan has agreed with the IMF to increase the policy rate to two percent.
IMF talks with Pakistan continued late last night.
Officials According to the Ministry of Finance, IMF officials are reviewing each point in detail, now only technical level discussions are going on.
According to the officials, the details of the power sector issue are being finalized.
After the power sector matters are settled, the staff level agreement will be done, Pakistan has given a detailed briefing on the means of obtaining foreign exchange till June.
According to the officials, the IMF officials are also talking to the foreign exchange countries.
Finance Ministry officials say that there is no discussion on political matters related to Pakistan in the talks.
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