Monday, 04 December 2023



LATEST NEWS How to Watch Hindi Movies Online Free | DC Aashika Jain Flags off Voter Awareness Van as a part of SVEEP Campaign in SAS Nagar Chief Minister Sukhvinder Singh Sukhu Applauds Revenue Officers' Efforts in Resolving Over 45,000 Mutation Cases in Revenue Lok Adalats Punjab Traders Commission Member Vineet Verma Expresses Gratitude to Punjab CM Punjab Government aggressively crackdown on illegal mining in Pathankot; seven accused arrested and equipments seized Delegation of visually impaired calls on Chief Minister Sukhvinder Singh Sukhu Punjab Police Arrest Two Operatives Of Sfj For Writing Boycott Air-India Slogans Top 10 Free Movie Download Sites For Mobile Phones December 2023 DC Sandeep Kumar flags off Viksit Bharat Sangharsh Yatra Gurnam Bhullar Net Worth (04 December 2023) | Regional President North Region Sushil Singh Charak called at J&K Chief Secretary Atal Dulloo Shweta Tiwari Net Worth (04 December 2023) | Guru Randhawa Net Worth (04 December 2023) | PM Vishwakarma Scheme starts in District Moga Punjab Government will honor various personalities with state awards on occasion of International Divyang Diwas Neha Kakkar Net Worth 04 December 2023 | Under Invest Punjab initiative, Kahlon developers to come up with Rs 66 crore development project in Ludhiana Karan Aujla Net Worth 04 December 2023 | Punjabi players will script new success story in basketball game- Gurmeet Singh Meet Hayer Diljit Dosanjh Net Worth 04 December 2023 | NIIB Institute of beauty and wellness now in Kharar


Shehbaz Sharif wants IMF loan programme to be Pakistan’s last

International Leader, Shehbaz Sharif, Lahore, Pakistan Prime Minister Shehbaz Sharif, International Monetary Fund, IMF, Pakistan
Listen to this article

Web Admin

Web Admin

5 Dariya News

Lahore , 01 Jul 2023

Pakistan Prime Minister Shehbaz urged that the $3 billion pact signed with the International Monetary Fund (IMF) should be the country's last loan programme with the global lender. The staff-level agreement is on a $3 billion stand-by arrangement, which is subject to approval by the lender’s executive board, the IMF said on Friday.

The long-awaited decision comes after an eight-month delay and offers some respite to Pakistan, which is battling an acute balance of payments crisis and falling foreign exchange reserves, Dawn reported. On Friday, Sharif said it was not a “moment of pride but a moment of contemplation”, questioning whether nations developed on the back of loans.

“Never, forget this, we were forced to take this loan and it is my prayer … that this is the last time Pakistan goes into an IMF programme and we never have to take a loan again,” he added. Regarding his talks with IMF Managing Director Kristalina Georgieva, the Prime Minister said he had had multiple conversations and exchanges with her in which the Finance Minister and his team presented their facts but despite all that, no progress was being achieved, Dawn reported.

He added that in a meeting with the managing director in Paris last week, he had told her that the government had fulfilled the Fund’s conditions and put its political capital at stake “just so that we can prevent Pakistan from defaulting and we took bitter steps for the country’s economic stability”.


Tags: International Leader , Shehbaz Sharif , Lahore , Pakistan Prime Minister Shehbaz Sharif , International Monetary Fund , IMF , Pakistan



related news




Photo Gallery



Video Gallery



5 Dariya News RNI Code: PUNMUL/2011/49000
© 2011-2023 | 5 Dariya News | All Rights Reserved
Powered by: CDS PVT LTD