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Pakistan initiates discussion with IMF on larger, extended programme: Finance Minister

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ISLAMABAD – Finance Minister Muhammad Aurangzeb met with Citibank officials in Washington DC and briefed them on the positive economic indicators including rising stock market, renewed interest of foreign buyers and institutional flows on the back of Stand-by Arrangement (SBA) signed with IMF.

The Finance Minister said Pakistan has successfully repaid Eurobond on time.

He said the government has initiated discussion with IMF on a larger and extended programme.

He also highlighted priority areas of taxation, energy sector overhaul and reforms in state owned enterprises.

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