IMF cancels Pakistan visit over security concerns

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The International Monetary Fund (IMF) has cancelled its visit to Pakistan in the wake of protest marches in Islamabad by the Pakistan Tehreek-e-Insaf (PTI) and the Pakistan Awami Tehreek (PAT). The IMF delegation was scheduled to conclude the ongoing review talks on $6.67 billion extended fund facility (EFF).

A media report said on Monday that after the IMF’s refusal to come to Pakistan, Finance Minister Ishaq Dar left for Dubai on Sunday afternoon to conclude the fourth review to get the fifth tranche worth $550 million.

“The IMF mission cancelled its visit to Pakistan as they were going to stay in a hotel just a few hundred meters from the PTI sit-in,” Dar told television channels before leaving for Dubai.

He also said that the civil disobedience movement announced by Imran Khan was unconstitutional and illegitimate and said it seemed that the PTI chief was implementing some foreign agenda which predicted that Pakistan could default in 2014.

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