“It is necessary to fix those things,” he said. “These reforms are painful but necessary.”
He vowed to keep making efforts to ensure Pakistan completed the IMF programme.
“Once the MEFP has been finalised, they (IMF) have their own internal process and then a Board meeting is held. And then finally, when approval is given, the [tranche] is disbursed.
“It is a standard process which can neither be shortened, and hopefully they won’t extend it unnecessarily,” Dar added.
The finance minister shared that the country would receive a $1.2bn disbursement in the form of Special Drawing Rights after the review’s completion.
SDRs are international reserve assets created by the IMF in 1969 and are allocated to member states to supplement existing official reserves.
