Prime Minister Shehbaz Sharif held a telephonic conversation on Tuesday morning with IMF Managing Director Kristalina Georgieva.
The conversation centered around matters related to the IMF program.
The prime minister reiterated his determination to achieve the goals of improving the economic situation of the country through joint efforts.
During the telephonic conversation, Ms Georgieva said the IMF wants improved economic situation for Pakistan.
She appreciated Prime Minister Sharif’s leadership qualities. She also acknowledged the efforts of Finance Minister Ishaq Dar and his team to finalize the loan program with the IMF.
The PM hoped that understanding on the points related to the IMF program would take the form of an IMF decision in the next couple of days.
Meanwhile, consultations on the draft Memorandum for Economic and Financial Policy between the two parties are ongoing to unlock the staff-level agreement. The government is hopeful for the SLA soon.
The IMF will soon respond to the draft memorandum.
The Ministry of Finance said that in the recent meeting of the prime minister and the IMF MD, the program was agreed upon as Pakistan requested IMF for a relaxation of external financing of $6 billion.
