Pakistan, China agree to expand CPEC for regional connectivity
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IMF denies rumors of any condition attached to Pakistan’s nuclear
ISLAMABAD: The International Monetary Fund (IMF) refuted speculations of any condition being attached to Pakistan’s nuclear programme during the talks for revival of $7 billion Extended Fund Facility (EFF).
In s statement, IMF representative to Pakistan, Esther Perez Luiz categorically denied speculations that the lender has put pressure on Pakistan’s nuclear programme during the talks for the ninth review under IMF-supported programme.
“Our discussions have exclusively focused on economic policies to solve Pakistan’s economic and balance of payments problems, in line with the IMF’s mandate for promoting macroeconomic and financial stability,” the statement added.
Earlier, Pakistan Tehreek-e-Insaf leader Fawad Chaudhry alleged that International Monetary Fund (IMF) asked Pakistan to halt its long-range missile programme.
Talking to media, Fawad Chaudhry said the international lender is asking Pakistan to ‘stop’ its defense programme
The former federal minister said that he has ruined Pakistan’s ties with the IMF and other international financial institutions. He reiterated that the threat of default is looming over Pakistan. Islamabad will default if it fails to secure a loan revival deal.
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