Finance minister hopeful about positive outcome of meeting with IMF

KARACHI: According to Finance Minister Muhammad Aurangzeb, the government is moving towards a significant IMF (International Monetary Fund) programme.

Speaking at a Friday morning ceremony on the local stock market, he declared that the government would keep working with the IMF to achieve microeconomic stability.

The minister said that the government would meet with the IMF in Washington on April 14 and 15 to discuss the basic elements of the new programme. But, Aurangzeb continued, a thorough debate of the plan would take place in Pakistan.

He said that the economy would soon stabilise as a result of the caretaker government’s efforts to strengthen it as well.

He agreed that the staff level agreement between the IMF and the caretakers was critical to maintaining economic stability.