IMF ‘very receptive’ to consider larger, longer program: Aurangzeb

Pakistan is on track to receive a new loan from the International Monetary Fund (IMF), according to Finance Minister Muhammad Aurangzeb, who also noted that the financial institution had been “very receptive in terms of agreeing to consider a larger, longer programme.”
He said that during an interview.
Last week, the finance minister and his delegation travelled to Washington for the IMF and World Bank’s spring meetings. They also held a number of bilateral meetings with senior US officials, leaders of financial institutions, and visiting finance ministers.
Pakistan’s commitment to implementing “aggressive reforms” in order to stabilise its economy was reiterated by Aurangzeb at a meeting with the head of the IMF and a few members of its board of governors.