Govt plans for new IMF loan

Published March 26, 2011

Finance Minister Hafeez Shaikh will discuss the options for the new programme with IMF officials during his upcoming visit to Washington DC in April.—AFP photo

ISLAMABAD: The federal government has decided in principle to enter into another International Monetary Fund (IMF) loan programme after concluding the fifth review of the $11.3 billion Standby Arrangement (SBA) in June 2011.

The negotiations for the next loan programme will start after announcement of the federal budget, said the sources.

Finance Minister Hafeez Shaikh would discuss the options for the new programme with IMF officials during his upcoming visit to Washington DC.

He is scheduled to visit the United States in April 2011.

Follow Dawn Business on Twitter, LinkedIn, Instagram and Facebook for insights on business, finance and tech from Pakistan and across the world.

Opinion

Editorial

Business concerns
Updated 26 Apr, 2024

Business concerns

There is no doubt that these issues are impeding a positive business clime, which is required to boost private investment and economic growth.
Musical chairs
26 Apr, 2024

Musical chairs

THE petitioners are quite helpless. Yet again, they are being expected to wait while the bench supposed to hear...
Global arms race
26 Apr, 2024

Global arms race

THE figure is staggering. According to the annual report of Sweden-based think tank Stockholm International Peace...
Digital growth
Updated 25 Apr, 2024

Digital growth

Democratising digital development will catalyse a rapid, if not immediate, improvement in human development indicators for the underserved segments of the Pakistani citizenry.
Nikah rights
25 Apr, 2024

Nikah rights

THE Supreme Court recently delivered a judgement championing the rights of women within a marriage. The ruling...
Campus crackdowns
25 Apr, 2024

Campus crackdowns

WHILE most Western governments have either been gladly facilitating Israel’s genocidal war in Gaza, or meekly...