{"id":252985,"date":"2022-04-05T04:41:25","date_gmt":"2022-04-04T23:41:25","guid":{"rendered":"https:\/\/leadpakistan.com.pk\/news\/?p=252985"},"modified":"2022-04-05T04:41:25","modified_gmt":"2022-04-04T23:41:25","slug":"imf-to-continue-providing-support-to-pakistan-after-new-govt-is-formed","status":"publish","type":"post","link":"https:\/\/leadpakistan.com.pk\/news\/imf-to-continue-providing-support-to-pakistan-after-new-govt-is-formed\/","title":{"rendered":"IMF to continue providing support to Pakistan after \u2018new govt is formed\u2019"},"content":{"rendered":"<p>\u201cOnce a new govt is formed, we will enquire about intentions vis-a-vis programme engagement,\u201d the statement is reads.<br \/>\nISLAMABAD<br \/>\nAmid the ongoing constitutional crisis in the country, the dissolution of the National Assembly, and the announcement of early elections, the International Monetary Fund (IMF) Monday assured Pakistan that it would continue its support to the country \u201conce the new government is formed.\u201d<br \/>\n\u201cThere is no concept of suspension within the IMF programme,\u201d the Fund said in a brief statement issued in this regard.<br \/>\nSpeaking to Geo.tv, Pakistan-Kuwait Investment Company\u2019s Head of Research Samiullah Tariq said: \u201cI think as the country is in a [political] transition, they need authorities for commitment regarding policies.\u201d<br \/>\nThe statement from the IMF also indicates that the seventh review has ended and the three-year Extended Fund Facility (EFF) has been put on hold for the third time since it began in May 2019.<br \/>\nIn May 2019, Pakistan and the IMF reached a staff-level agreement on economic policies for a three-year Extended Fund Facility (EFF).<br \/>\nUnder the agreement, Pakistan was to receive about $6 billion for a period of 39 months, and so far it has received almost half it.<br \/>\nThe IMF programme was scheduled to end in September.<br \/>\nEarlier, top official sources said the IMF and the now-former PTI-led government of Pakistan had reached a deadlock amid talks for the seventh review after the Fund discovered a yawning gap between the cost and official estimates provided by Pakistani authorities for the Prime Minister Imran Khan\u2019s relief package and Kamyab Pakistan Programme (KPP).<\/p>\n","protected":false},"excerpt":{"rendered":"<p>\u201cOnce a new govt is formed, we will enquire about intentions vis-a-vis programme engagement,\u201d the statement is reads. ISLAMABAD Amid the ongoing constitutional crisis in the country, the dissolution of the National Assembly, and the announcement of early elections, the International Monetary Fund (IMF) Monday assured Pakistan that it would continue its support to the [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":116751,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2],"tags":[186,20,1319],"class_list":{"0":"post-252985","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-top-news","8":"tag-imf","9":"tag-pakistan","10":"tag-support"},"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.4 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>IMF to continue providing support to Pakistan after \u2018new govt is formed\u2019<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/leadpakistan.com.pk\/news\/imf-to-continue-providing-support-to-pakistan-after-new-govt-is-formed\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"IMF to continue providing support to Pakistan after \u2018new govt is formed\u2019\" \/>\n<meta property=\"og:description\" content=\"\u201cOnce a new govt is formed, we will enquire about intentions vis-a-vis programme engagement,\u201d the statement is reads. 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