KARACHI, Pakistan :Pakistan has completed all requirements to receive critical bailout money from the International Monetary Fund , the country reiterated following a meeting with the lender on Thursday.
The funds, which can only be released after signing a staff level agreement , are part of a $6.5 billion bailout package the IMF approved in 2019, which analysts say is critical for Pakistan to avert defaulting on external payment obligations. The statement said discussions included economic and financial policies, reforms and initiatives to implement ongoing IMF programs.
"The finance minister also shared that all the international obligations have been addressed in time,” it added.
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