IMF and Pakistan to Continue Talks for Review of Suspended Loan
- Funds from IMF key to augment dwindling forex reserves
- Surging inflation, rising imports add to economic woes
Supporters of Pakistan's former prime minister Imran Khan, take part in a protest rally in Attock, on May 25.
Photographer: Aamir Qureshi/AFP/Getty Images
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The International Monetary Fund will continue its dialogue and close engagement with Pakistan after constructive discussions about policies and reforms needed to unlock the nation’s loan, the lender said.
The Washington-based fund and Pakistan made “considerable progress” during a weeklong mission that ended on Wednesday, including on the need to continue to address high inflation and the elevated fiscal and current-account deficits, the IMF said in a statement.