{"id":257105,"date":"2022-04-25T03:51:37","date_gmt":"2022-04-24T22:51:37","guid":{"rendered":"https:\/\/leadpakistan.com.pk\/news\/?p=257105"},"modified":"2022-04-25T03:51:37","modified_gmt":"2022-04-24T22:51:37","slug":"imf-team-to-visit-pakistan-in-may","status":"publish","type":"post","link":"https:\/\/leadpakistan.com.pk\/news\/imf-team-to-visit-pakistan-in-may\/","title":{"rendered":"IMF team to visit Pakistan in May"},"content":{"rendered":"<p>Pakistan likely to get $8b loan<br \/>\nIslamabad<br \/>\nPakistan and the International Monetary Fund (IMF) have agreed, in principle, to extend the stalled bailout programme by up to one year and increase the loan size to $8 billion, giving markets the much-needed stability and a breathing space to the new government.<br \/>\nThe International Monetary Fund announced that it will be sending a mission to Pakistan in May after the global lender held \u201cseveral meetings\u201d with Finance Minister Miftah Ismail and his team in Washington. The announcement of the mission\u2019s visit to Pakistan was made in a press release issued by the Finance Division following Ismail\u2019s meetings with IMF officials. Miftah had met IMF officials, including Deputy Managing Director Antoinette Sayeh, Director MCD Jihad Azour, and Mission Chief Nathan Porter.\u201cThe delegation discussed pathways to complete the seventh review. Miftah Ismail, Finance Minister, laid out his government\u2019s priorities and efforts to bring fiscal discipline while insulating the vulnerable from oil price volatility in the international markets,\u201d said the statement. The Finance Division said that the IMF had \u201cexpressed support\u201d to the Pakistani delegation. \u201cAn IMF mission lead by Mission Chief Nathan Porter will visit Pakistan in May to discuss the issues around subsidies on petrol and electricity announced by the outgoing government,\u201d said the statement.<br \/>\nFinance Minister Miftah and his team had also met World Bank\u2019s Managing Director Axel von Trotsenburg, Vice President Hartwig Schafer and other officials as well during the trip.<br \/>\n\u201cProgress of on-going programme loans and projects as well as avenues for further assistance were discussed. The finance minister thanked the bank officials for the financial and technical support provided by the bank throughout. MD Operations also assured full support for Pakistan,\u201d said the statement.<\/p>\n<p>The delegation also met vice president IFC, vice president MIGA and executive directors of the IMF.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Pakistan likely to get $8b loan Islamabad Pakistan and the International Monetary Fund (IMF) have agreed, in principle, to extend the stalled bailout programme by up to one year and increase the loan size to $8 billion, giving markets the much-needed stability and a breathing space to the new government. The International Monetary Fund announced [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":249237,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2],"tags":[186,20,1630,606],"class_list":{"0":"post-257105","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-team","11":"tag-visit"},"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.4 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>IMF team to visit Pakistan in May<\/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-team-to-visit-pakistan-in-may\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"IMF team to visit Pakistan in May\" \/>\n<meta property=\"og:description\" content=\"Pakistan likely to get $8b loan Islamabad Pakistan and the International Monetary Fund (IMF) have agreed, in principle, to extend the stalled bailout programme by up to one year and increase the loan size to $8 billion, giving markets the much-needed stability and a breathing space to the new government. The International Monetary Fund announced [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/leadpakistan.com.pk\/news\/imf-team-to-visit-pakistan-in-may\/\" \/>\n<meta property=\"og:site_name\" content=\"Daily Lead Pakistan\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/DailyLeadPak\/\" \/>\n<meta property=\"article:published_time\" content=\"2022-04-24T22:51:37+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/leadpakistan.com.pk\/news\/wp-content\/uploads\/2022\/03\/Pakistan-IMF-virtual-talks-end-inconclusive.webp\" \/>\n\t<meta property=\"og:image:width\" content=\"700\" \/>\n\t<meta property=\"og:image:height\" content=\"400\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/webp\" \/>\n<meta name=\"author\" content=\"Web Desk\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@DailyLeadPak\" \/>\n<meta name=\"twitter:site\" content=\"@DailyLeadPak\" 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