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IMF still has concerns over Pakistan's budget, says finance minister

Pakistan's finance minister has asserted that the International Monetary Fund is concerned regarding the recently released Pakistani budget. However the govt is trying to pacify them in the best way

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Reuters
Pakistan's finance minister said on Saturday that the International Monetary Fund (IMF) has expressed concern about the country's recently unveiled budget, but the government is confident it can make changes to satisfy the lender.
Pakistan is looking to getting a staff level agreement with the IMF this month, Miftah Ismail said.
 
It unveiled a 9.5 trillion Pakistani rupee ($47.12 billion) budget for 2022-23 on Friday aimed at tight fiscal consolidation in a bid to convince the IMF to restart much-needed bailout payments.
 
"There are still some concerns the IMF has about our budget and numbers and stuff like that," Ismail said

(Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)