10th IMF Review to begin on Jan 26

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The 10th review of the International Monetary Fund (IMF) with Pakistan would start on January 26, it was revealed on Monday.

Finance Minister Senator Mohammad Ishaq Dar reviewed preparations for the 10th IMF Review.

The finance secretary briefed the minister on the progress of various reform measures in the context of the Fund Programme.

The status of actions relating to performance criteria and indicative targets, agreed under the programme, were also discussed.

The minister expressed satisfaction with the second quarter results as well as the overall progress made since the 9th Review and directed that the positive momentum should be maintained for the remainder of the fiscal year.

Dar said that the reforms agreed under the programme had been helpful in achieving the objective of macroeconomic stability and stressed that the process should be accelerated so that the gains made during the last two and a half years are further consolidated.