Pakistan is close to reaching a key agreement with the International Monetary Fund (IMF) this week. Finance Minister Muhammad Aurangzeb confirmed that talks have made strong progress. He said Pakistan hopes to sign a staff-level agreement (SLA) within days. The deal will unlock a $1.2 billion payout under the IMF’s $7 billion loan programme. Talks […]
staff-level agreement (SLA)
Aurangzeb heads to Washington for crucial IMF talks
Finance Minister Muhammad Aurangzeb has departed for the United States to attend the annual meetings of the International Monetary Fund (IMF) and the World Bank (WB). His six-day visit comes at a crucial time as Pakistan seeks to finalise a staff-level agreement (SLA) for ongoing loan programmes worth $8.4 billion. The IMF mission recently concluded […]
Aurangzeb eyes IMF deal during Washington visit
Finance Minister Muhammad Aurangzeb is heading to Washington to finalize a staff-level agreement (SLA) with the International Monetary Fund (IMF). He said recent talks with the IMF were “very constructive” and that remaining issues are not deal-breakers. He will attend the IMF and World Bank Annual Meetings from October 13 to 18, joined by the […]