Ministry of Finance posted on X, "Union Minister for Finance and Corporate Affairs @nsitharaman interacted with the members and family of Bank-Fund Staff India club working in @WorldBank and @IMFNews in Washington DC, today."
The International Monetary Fund (IMF) reached a staff-level agreement with Pakistan on Wednesday, on the final review of a USD 3 billion bailout, paving the way for the nation to receive the last tranche of USD 1.1 billion after approval from the Fund's Executive Board, reported Dawn.
According to sources within the Finance Ministry, the incumbent government has decided to seek Washington's help as the majority of the demands of the fund have been completed. "There is no need for further delay in the staff-level agreement."
Islamabad [Pakistan], March 12 (ANI): Ongoing talks between Pakistan and the International Monitory Fund (IMF) have so far remained inconclusive due to "deviations" from agreed terms, media reports said on Saturday.