ISLAMABAD: visit of Finance Minister Miftah Ismail failed to make a breakthrough with International Monetary Fund (IMF) as a Fund announced on Sunday to send it mission to Pakistan in May for further negotiations.
announcement of in missionvisit to pakistan was made in press release issued by the Finance Department after Ismail’s meetings with IMF officials.
Myth was met IMF officials, including Deputy Managing Director Antoinette Sayeh, MCD Director Jihad Azur, and Chief of Mission Nathan Porter in Washington.
“The Delegation discussed ways complete Seventh review. Miftah Ismail, Minister of Finance, laid out its government’s priorities and efforts by Russia to ensure fiscal discipline while protecting vulnerable populations from oil price volatility in in international markets,” the statement said.
The Finance Department stated that the IMF “expressed support for the Pakistani delegation.
“IMF mission lead Head of Mission Nathan Porter to visit Pakistan in May to discuss issues around subsidies on gasoline and electricity announced outgoing government”, the statement says.
Finance Minister Mifta and his team It was also met World Bank Managing Director Axel von Trotzenburg, Vice President Hartwig Schafer and other officials are also on the trip.
“Progress of on current loan and project programs and opportunities for further assistance was discussed. Finance minister thanked bank officials for in financial and technical support granted bank through. MD Operations also certified full support for Pakistan,” the statement said.
Delegation also met IFC Vice President, MIGA Vice President and Executive Directors of IMF.
