"Pakistan and IMF had detailed negotiations for the last three days as a last effort to complete the pending review," Finance Minister Ishaq Dar said on Saturday.
As the Pakistan government decided to raise the price of petrol in the country amid the economic turmoil, the common people continue to face difficulties, the country's vernacular media reported.
As per Siasat, Ad-hoc workers have decided to celebrate Eid at the Gate of the Prime Minister's Secretariat in protest of not getting salaries for the past 18 months.
As the ninth review under the Extended Fund Facility (EFF) programme still remain pending, the International Monetary Fund (IMF) Executive Board has issued meetings scheduled till June 29 without Pakistan.
Pakistan is trying to obtain USD 3-4 billion from friendly countries in case its deal with the International Monetary Fund does not get through, The News International reported.
Ishaq Dar said that the prices of petrol and diesel will remain unchanged. The decision to keep the petroleum products prices unchanged is taken in view of international rates, according to ARY News.
Pakistan Finance Minister Ishaq Dar on Thursday said that Pakistan and International Monetary Fund (IMF) are underway and the talks have not failed nor the negotiation phase has concluded, reported ARY News.
The country remains mired in political and economic crises, amid punishing inflation that neared 38 per cent in May. On Monday, the central bank left its benchmark rate unchanged at a record-high 21 per cent, saying it thinks inflation has "peaked."
The federal budget for Fiscal Year 2023-24, presented by Pakistan Finance Minister Ishaq Dar on Friday, came as a huge disappointment for homemakers as it offered no respite from surging household expenses, The News International reported.