Accessibility links

Breaking News

Pakistan Prime Minister Discusses New Loan Program With IMF Chief


Pakistan Prime Minister Muhammad Shehbaz Sharif and IMF chief Kristalina Georgieva meeting in 2023
Pakistan Prime Minister Muhammad Shehbaz Sharif and IMF chief Kristalina Georgieva meeting in 2023

Pakistan Prime Minister Shehbaz Sharif discussed a new loan program with IMF Managing Director Kristalina Georgieva on April 28, his office said. Sharif and Georgieva met on the sidelines of the World Economic Forum in Riyadh, Saudi Arabia. Islamabad is seeking a new, larger long-term Extended Fund Facility (EFF) agreement with the fund after a current $3 billion standby arrangement expires this month. "Both sides also discussed Pakistan entering into another IMF program to ensure that the gains made in the past year are consolidated and its economic growth trajectory remains positive," Sharif's office said.

RFE/RL has been declared an "undesirable organization" by the Russian government.

If you are in Russia or the Russia-controlled parts of Ukraine and hold a Russian passport or are a stateless person residing permanently in Russia or the Russia-controlled parts of Ukraine, please note that you could face fines or imprisonment for sharing, liking, commenting on, or saving our content, or for contacting us.

To find out more, click here.

XS
SM
MD
LG