IMF
Finance Minister Miftah Ismail reported that the International Monetary Fund executive board on Monday authorised the seventh and eighth reviews of the $6 billion Pakistan program, following months of frantic work.
Announcing the news on Twitter, Finance Minister Miftah Ismail wrote: “Alhamdolillah the IMF board has approved the resumption of our EFF plan. The seventh and eighth $1.17 billion tranches ought to arrive soon.
The prime minister was also congratulated by the finance minister for “taking so many difficult decisions and rescued Pakistan from the default.” Shehbaz Sharif.
