IMF, Pakistan wrap up unscheduled talks on $7 billion bailout


  • World
  • Saturday, 16 Nov 2024

FILE PHOTO: The International Monetary Fund (IMF) logo is seen outside its headquarters in Washington, U.S., on Sept. 4, 2018. REUTERS/Yuri Gripas/File Photo

WASHINGTON (Reuters) - The International Monetary Fund (IMF) said on Friday it held constructive talks with authorities in Pakistan on economic policy and reform efforts to reduce vulnerabilities during an unscheduled staff visit.

The unusual visit from Nov 12 to Nov 15 discussed a $7-billion bailout within six weeks of its approval by the IMF board, but came too early for the first review of the Extended Fund Facility (EFF), due in the first quarter of 2025.

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