ISLAMABAD: Prime Minister Shehbaz Sharif on Friday pinned hope that Pakistan and the Intrnational Monetary Fund (IMF) would ink an agreement regarding release of the latest tranche under the ninth review of the bailout programme.
“We are making serious efforts to come out of tough circumstances,” he said while addressing the inaugural ceremony of Green Line Express train.
The premier said the government was trying to save even a single penny to prevent economic crisis. The IMF delegation will be visiting Islamabad from January 31 to February 9 to continue discussions regarding the ninth review of the $7 billion Extended Fund Facility (EFF).
He said considering the dire situation of the foreign exchange reserves the government had developed a list of items that needed to be imported based on their necessity. Sharif added that the list included food and medical items.
The prime minister emphasized the adoption of austerity at a massive scale to tackle difficult economic problems.
