ISLAMABAD: Following the conclusion of talks with the International Monetary Fund (IMF), Federal Minister for Finance and Revenue Miftah Ismail Wednesday termed the discussions “useful and constructive”.
Sharing details of the parleys with the Fund, where both sides failed to reach a staff-level agreement for the revival of the $6 billion programme due to the government’s reluctance to remove fuel subsidies, Miftah said: “[The] government is committed to reviving the IMF programme [and] put Pakistan back on a sustainable growth path”.
The talks held in Doha, Qatar, from May 18 to 25 ended on a note of disappointment. Miftah and IMF’s Mission Chief to Pakistan Nathan Porter led their respective delegations.
In a handout, the IMF emphasised upon “urgency of concrete policy actions, including removing fuel and energy subsidies”.
