Islamabad: The International Monetary Fund (IMF) has said that Pakistan needs additional funding to make the Ninth Economic Review a success and Pakistan needs assurances of funding from friendly countries before the Staff Sata agreement.
According to the details, International Monetary Fund (IMF) spokesperson Julius Kozek, while answering a question about Pakistan in an online press conference, said that before the staff level agreement, Pakistan needs assurance of funding from friendly countries. Financing arranged by Pakistan’s external partners is welcome and Pakistan would welcome funding from friendly countries.
The spokesman said that Pakistan needs additional funding for the success of the 9th review, officials are trying to advance the program to complete the 9th review, in continuous efforts with the Pakistani authorities to revive the loan program. are busy but Pakistan needs payments for balance of payments.
Julius Kozek said that Pakistan’s economy is stagnant and Pakistan is facing a lot of financial needs, Pakistan is facing serious problems in external payments.
The spokesperson further said that Pakistan’s economy has been seriously damaged by floods, Pakistan’s economy cannot afford more subsidies and tax exemptions.
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