islamabad
People belonging to different sections of society have hailed signing of Staff Level Agreement between Pakistan and International Monetary Fund (IMF) under which Islamabad will receive three billion dollars under Stand-By Agreement. Prominent economist Abid Qayyum Sulehri said it is a good step which will further result in economic stability of the country and help Pakistan to avoid the default like situation. Professor Waseem Shahid of Quaid-e-Azam University Islamabad said the agreement with IMF will positively impact Pakistan’s Foreign Exchange payments. He said it will also help easy availability of loans from other world countries, which will end foreign exchange crisis.
