Pak PM Shehbaz Sharif's big statement, said- "There is no other option but to implement the IMF deal"


Posted on 29th Dec 2022 11:29 am by rohit kumar

Pakistan has been grappling with economic problems for a long time. Many efforts are being made continuously in Pakistan to improve this economic situation. Pakistan Prime Minister Shehbaz Sharif has said that his government has no option but to implement the International Monetary Fund (IMF) program to revive the cash-strapped economy.

 

The official Associated Press of Pakistan carried a report on Tuesday which quoted the PM as saying that Shahbaz Sharif regretted during a meeting that if the government wanted to give any subsidy in any sector, it would have to go to the IMF. He said that the coalition government never wanted to put the burden of price hikes on the people. The country had to implement the IMF program as it had no other option. During this, the Prime Minister targeted Imran Khan and said that the PTI government led by him had openly violated the agreement with the IMF.

 

Funding was stopped by IMF for non-fulfillment of conditions

Pakistan, which is facing a financial crisis, resumed the IMF program of US $ 6 billion this year. This was agreed upon in early 2019, but the Washington-based global lender's tough terms are proving difficult to meet. The report states that the IMF may not release more funds to Pakistan under the program until the promises made by the government are met.

 

The solution did not come out in the conversation of 18 November

On 18 November there was a formal dialogue between Pakistan and the IMF. But the schedule for formal talks on the overdue ninth review could not be finalized. The IMF board approved the seventh and eighth reviews of Pakistan's bailout program in August. During that time, permission was given to release funds of more than US$ 1.1 million.

 

Also Read: Pakistan: A conspiracy was hatched to kill Imran Khan, the truth came out in the report of the Joint Investigation Team

1 Like 0 Dislike
Previous news Next news
Other news

Pune Car Crash: 'I was drunk on the night of the accident, I don't remember anything now'; said the minor accused during police interrogation

Two people lost their lives in a car accident in Pune, Maharashtra. The darkest aspect of the acc

Delhi Chunav 2025: 'Aam Aadmi Party has ruined Delhi', AIMIM's Tahir Hussain starts election campaign

Tahir Hussain, accused in the 2020 riots and candidate from the Mustafabad seat of Asaduddin Owai

Valentine's Day 2024: Ankita Lokhande told the definition of love, and said- she became very emotional in Bigg Boss 17

Actress Ankita Lokhande was last seen in Salman Khan's popular reality show 'Bigg Boss 17'. Durin

Stranger Things 5 OTT Release: The release date of Stranger Things 5 has changed, now it will stream on OTT on this day.

If we talk about the best web series of Hollywood cinema, then the name of Stranger Things is inc

Tamannaah Bhatia: Maharashtra Cyber Police sent a summons to Tamannaah Bhatia for, case of illegal streaming of IPL 2023

Maharashtra Cyber Cell has summoned Bollywood actress Tamannaah Bhatia for questioning in connect

Delhi Air Pollution: The Delhi government called a meeting regarding pollution, and many big announcements can be made

The air quality in the national capital Delhi is continuously declining. There is fog all around

IND vs ENG 2nd Test: Ben Stokes clashed with the umpire over Yashasvi Jaiswal's wicket, and there was a heated argument in the middle of the field

On the third day of the Edgbaston Test, England captain Ben Stokes had a heated argument with the

Indigo crisis sends airfares soaring, a single ticket from Mumbai to Delhi costs 50,000 rupees, leaving millions of passengers stranded.

The ongoing crisis at India's leading airline, IndiGo (Indigo Flights Crisis), is hitting million

Panchayat 4 Reaction: ‘Some wins hurt more than losses’, fans said after watching Panchayat season 4 – ‘This is not just a show…’

People's wait is over and the most awaited show of the year 'Panchayat Season 4' has now been rel

Khalistan: Trudeau failed to provide evidence, on this basis Canada accused India of being involved in the murder of Nijjar.

Canada has accused India of involvement in the murder of Khalistani terrorist Hardeep Singh Nijja

Sign up to write
Sign up now if you have flare of writing..
Login   |   Register
Follow Us
Indyaspeak @ Facebook Indyaspeak @ Twitter Indyaspeak @ Pinterest RSS



Play Free Quiz and Win Cash