Pakistan-IMF loan talks going well, take ‘bit of time’

The talks have been focused on issues including closing the country’s fiscal gap due to subsidies on fuel and electricity, and the formation of next year’s budget

ISLAMABAD: Pakistan’s loan talks with the International Monetary Fund (IMF) are progressing, according to the acting central bank chief, adding that such discussions can “take a bit of time”.

“We are confident we’ll get to the finish line,” Murtaza Syed, acting governor at State Bank of Pakistan, said in an interview with Bloomberg TV’s Rishaad Salamat yesterday.

Article type: metered
User Type: anonymous web
User Status:
Campaign ID: 48
Cxense type: NA
User access status: 3
Join our Telegram channel to get our Evening Alerts and breaking news highlights

Pakistan , IMF , economy. talks , budget ,


Next In Business News

Public Bank to raise base rates by 0.25% effective from Friday
CIMB to raise base rate by 0.25% following OPR revision
Seng Fong makes flat debut on Main Market
Ringgit slips against greenback following release of Fed minutes
Smaller banks to reap most benefit from OPR hike
FBM KLCI sees mild rebound as commodities resume decline
Trading ideas: Ideal United Bintang International, Heitech Padu, Hengyuan Refining Company, VS Industry and Sime Darby Property
HSBC Amanah providing green financing
Heitech Padu wins contract worth RM44mil
Still a good hedge against inflation

Others Also Read