No time frame set for conclusion of IMF talks: govt

ISLAMABAD: The Finance Division on Sunday announced that negotiations between Pakistan and the International Monetary Fund (IMF) have been moving forward in Washington positively.

According to a statement, the Secretary of Finance Division is leading the talks with the IMF in Washington DC. It said that technical teams of both sides are continuing detailed discussions in virtual format after exchange of relevant data sets.

The Finance Division said that no time frame was set at any stage for the conclusion of talks.

Earlier on Friday, Finance Minister Shaukat Tarin while addressing a news conference at the Pakistan Embassy, following a round of talks with IMF, had said that finance secretary would stay in Washington for continuing the talks with the lender while the governor of State Bank and he himself would be in New York and join the talks virtually.

Published in Dawn, October 18th, 2021

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Comments (16) Closed

Novoice

Oct 18, 2021 07:29am

The longer it goes, the more painful conditions will be imposed on pakistani public as this govt will always betray us for more loans.

Recommend 0

Farhan khan

Oct 18, 2021 07:45am

Who is talking with IMF? Shaukat Tarin, he is recently named in Pandora Papers for Offshore Companies. Naya Pakistan!

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Waheed Rehman, US Patriot

Oct 18, 2021 08:00am

Seems that roping in the world famous Mr. Shaukat Tarin to run the Finance Ministry and deal with the IMF hasn't worked. The very fact that he's left his deputy in Washington whereas he and the SB Gov have left for NY says that the IMF talks are not going anywhere. He and the SB Gov are in NY to find their next job.

Recommend 0

Justice

Oct 18, 2021 08:08am

Have a life without IMF playing a role every day.

Recommend 0

Have mercy on Pakistan

Oct 18, 2021 08:21am

Even IMF must be stumped by imran's incompetence and u-turns

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Have mercy on Pakistan

Oct 18, 2021 08:24am

If the Fin Min is going to join the talks virtually, what was the point of travelling to US? Like imran, all his ministers love joyrides at taxpayers expense

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Jehanzeb Ahmad

Oct 18, 2021 08:25am

Why is he in NY ? What is more important than IMF talks in Washington that he has left those to go to NY?

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Naji

Oct 18, 2021 08:48am

It is advisable to select some financial expert to talk to IMF, IMF is a professional Banking organization. This ex Bank president have no knowledge about IMF working and modern terms.

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Lbv

Oct 18, 2021 10:00am

No worries china monetary fund is there.

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Subhi

Oct 18, 2021 10:09am

Longer it takes, signals that differences are more between IMF and Pakistan. Its indeed a very very bitter pills to swollow for Pakistan. Price rise and inflation is already a record high and the terms to be given to Pakistan by IMF would make things even worse. Wait and watch for all of us.

Recommend 0

Aruj

Oct 18, 2021 10:53am

Are you worried or embarrassed?

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rising star

Oct 18, 2021 11:06am

Where is the money? IMF snubbed Tarin?

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Oneliner

Oct 18, 2021 12:05pm

Which means not until you agree to bases