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Tag Archives: Talks begin with IMF on new bailout

Talks begin with IMF on new bailout


May 14, 2024

ISLAMABAD: Pakistan and the International Monetary Fund (IMF) on Monday kick-started negotiations on 24th ‘longer and larger’ bailout programme, starting with an anticipated upfront fiscal adjustment of more than Rs1.6 trillion (1.5pc of GDP) in the upcoming budget. Pakistani side, led by Finance Minister Muhammad Aurangzeb comprised Governor State Bank of Pakistan Jameel Ahmed, Chai­rman Federal Board of Revenue Amjed …

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