IMF Statement on Pakistan

IMF News, April 24, 2022

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IMF Statement on Pakistan

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Bibliographic details

• Published: April 24, 2022

Summary of meetings and discussions

• Press Release No. 22/131 dated April 24, 2022.
• Issued by: IMF Communications Department, MEDIA RELATIONS.
• Statement issued by Mr. Nathan Porter, International Monetary Fund (IMF) Mission Chief for Pakistan.
• "We had very productive meetings with the Finance Minister of Pakistan Miftah Ismail over Pakistan’s economic developments and policies under the Extended Fund Facility (EFF) program."

Key findings and agreed actions

• The IMF and Pakistani authorities agreed that prompt action is needed to reverse the unfunded subsidies which have slowed discussions for the 7th review.
• Based on constructive discussions with the authorities in Washington, the IMF expects to field a mission to Pakistan in May to resume discussions over policies for completing the 7th EFF review.
• The authorities have requested the IMF to extend the EFF arrangement through June 2023 as a signal of their commitment to address existing challenges and achieve the program objectives.

Contacts and media

• PRESS OFFICER: Randa Elnagar
• Phone: +1 202 623-7100
• Email: MEDIA@IMF.org
• @IMFSpokesperson

IMF Statement on Pakistan — April 24, 2022

References

• Pakistan and the IMF
• Press Releases
• PRESS CENTER
• https://www.imf.org/en/home