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Feb 10 • 6 tweets • 3 min read
LIVE: Finance Minister Ishaq Dar addresses press conference after an IMF mission left Pakistan without signing a staff-level agreement

Read more: thenews.com.pk/latest/1039285…

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LIVE: Pakistan-IMF talks concluded "positively", claims minister Dar.

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UPDATE: Finance czar confirms that government has received draft of the Memorandum of Economic and Financial Policies (MEFP) from the global lender.

Read more: thenews.com.pk/latest/1039285…

#TheNews
After his confirmation that Pakistan had received the MEFP draft, minister Dar said a virtual meeting will now be held with the Washington-based lender to take things forward. "The government and its economic team are struggling to finalise the deal with IMF," he said.

#TheNews
At start of his media talk, finance minister gave reminder that gov't is implementing programme signed by former prime minister Imran Khan with IMF in 2019-2020. He reiterated that Shehbaz Sharif-led gov't is holding talks on this agreement as "sovereign commitment".

#TheNews
Moving to Pakistan's talks with IMF, finance minister said that 10-day-long discussions were extensive and covered power and gas sectors and fiscal and monetary side. "SBP governor and officials from different departments and ministries participated in talks," said Dar.

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Feb 11
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Feb 11
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Read more: thenews.com.pk/print/1039562-…

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Sources said IMF had asked government for raising base tariff by Rs4.06 per unit, but government did not approve anything in this regard under revised CDMP. It is yet to be ascertained how IMF demand has incorporated in MEFP, handed over to Pakistan on Feb 10, 2023.

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Feb 10
"People were already aware of who was behind overthrowing the PTI regime," former PM says

Read more: thenews.com.pk/latest/1039395…

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Feb 10
IGP, chief secretary say they will follow whatever Election Commission of Pakistan decides

Read more: thenews.com.pk/latest/1039307…

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Punjab Inspector-General of Police (IGP) Dr Usman Anwar and the chief secretary appeared before the court during today's hearing. The chief secretary said that they would follow through on the court’s order.

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Feb 10
Federal govt has allocated Rs10 billion to help Turkey's earthquake relief efforts, says premier

Read more: thenews.com.pk/latest/1039295…

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PM Shehbaz, while speaking on the occasion of sending relief goods to Türkiye at the Lahore airport, said no stone will be left unturned to provide full support to the people of Turkiye in the wake of massive devastation caused by the earthquake.

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The News Profile picture
Feb 10
Global lender, however, says "considerable progress" made, virtual talks to continue on implementation of IMF policies

Read more: thenews.com.pk/latest/1039279…

#TheNews
The visiting IMF mission concluded its review parleys in 10 days and left Islamabad to return back to headquarters in Washington DC without signing of the SLA.

#TheNews
IMF shared draft MEFP with Pakistani authorities and evolved broader consensus over actions/ prior actions, Finance Secretary Hamid Yaqoob told journalists, who waited for long hours at Q Block (Ministry of Finance) get version of Ishaq Dar on latest parleys with IMF.

#TheNews
Read 6 tweets

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