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.