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Wednesday, January 15, 2025

Home Top News IMF Board to meet on 28th for Pakistan’s sixth review

IMF Board to meet on 28th for Pakistan’s sixth review

by News desk
January 19, 2022
in Top News

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The Executive Board of the International Monetary Fund (IMF) has scheduled a meeting on January 28 for Pakistan’s sixth review under the Extended Fund Facility (EFF).

The discussion, ‘2021 Article IV Consultation, Sixth Review under the Extended Arrangement under the Extended Fund Facility, and Requests for Waivers of Nonobservance of Performance Criteria and Rephasing of Access’, comes after Pakistan requested the IMF to move the meeting to the end of January.

Earlier, the finance ministry of Pakistan had announced that the sixth review of the $6-billion EFF would be held on January 12.

Pakistan’s National Assembly on Thursday last week, passed the Finance (Supplementary) Bill and the State Bank of Pakistan (SBP) Amendment Bill, 2021.

TLTP