Pakistan keen to discuss IMF demands for loan progress - PM Sharif

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ISLAMABAD : Pakistan has told the International Monetary Fund (IMF) that it wants to discuss the demands of the global lender for a loan for the country, Prime Minister Shehbaz Sharif said on Tuesday.The IMF is yet to approve the release of $1.1 billion originally due to be disbursed in November last year

ISLAMABAD : Pakistan has told the International Monetary Fund that it wants to discuss the demands of the global lender for a loan for the country, Prime Minister Shehbaz Sharif said on Tuesday.

The IMF is yet to approve the release of $1.1 billion originally due to be disbursed in November last year. "I want to request the IMF - and I had talked to the managing director of the IMF, and we have informed that we want to complete the ninth review without any delay," Prime Minister Shehbaz Sharif said at an event.

A plan laying out a timeline and the financing of the country's rebuilding effort after last year's devastating floods has been a sticking point in talks to clear the ninth review that will unlock the funding.

 

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