Govt rejects reports IMF concerned about funds use for ‘political purposes’

Author: ABC

Certain sections of the national press have reported that the delay in signing of the IMF’s agreement because the IMF wants assurance from the Ministry of Finance that the funds will not be utilized for political purpose. It is clarified that this news is false and unfounded as IMF has never raised any such concern with the Government nor any funds can be utilized for any purpose without the approval of the Parliament through the budget.

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