Pakistan could receive up to $2 bn from IMF: Sharif
Islamabad: Pakistan Prime Minister Shehbaz Sharif on Tuesday said Finance Minister Miftah Ismail has informed him that Pakistan could receive up to $2 billion from the International Monetary Fund (IMF), reports Express Tribune.
“Miftah Ismail in a message said that we will hopefully be receiving $2 billion instead of $1 billion from the IMF,” Sharif said and added that he told the minister that the “real goal” was achieving self-reliance which was “easier said than done”.
The Pakistani PM said while addressing the ‘Turnaround Pakistan’ conference organized by the Ministry of Planning and Development.
Shehbaz emphasized the need for all sectors to work together for Pakistan’s progress and reiterated the importance of self-reliance, adding that it guaranteed “political and economic independence”.
His remarks came shortly after Miftah revealed that Pakistan has received combined economic and financial targets for the seventh and eighth reviews of its IMF bailout program. (UNI)