Russian deputy PM Alexei Overchuk to visit Pakistan on tomorrow  

ISLAMABAD: Deputy Prime Minister of the Russian Federation Alexei Overchuk is scheduled to arrive here for a two-day visit from September 18-19, 2024.

A high-level delegation will accompany the Russian deputy prime minister, according to a Foreign Ministry press release

During the visit, Overchuk will hold meetings with President Asif Ali Zardari, Prime Minister Shehbaz Sharif and Deputy Prime Minister and Foreign Minister Ishaq Dar.

Pakistan and Russia enjoy cordial relations based on goodwill, amity and trust, which is reflected in the multi-faceted bilateral cooperation including in trade, energy and connectivity.

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Earlier,  The International Monetary Fund (IMF) has placed Pakistan on the agenda for its Executive Board meeting scheduled for September 25, 2024. During this meeting, the Board will review the final approval of Pakistan’s US$7 billion Stand-By Arrangement (SBA).

Sources indicate that if the Board expresses satisfaction with Pakistan’s progress, it will lead to the release of the next tranche of funds. On September 13, Finance Minister Muhammad Aurangzeb announced that all issues with the IMF had been resolved smoothly, stating, “Alhamdulillah, the Prime Minister appreciates the IMF negotiation team and related institutions.” He emphasized that the economy is now moving from stabilization to growth.