10th IMF Review to begin on Jan 26

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ISLAMABAD, Jan 4 (APP): The 10th review of International Monetary Fund (IMF) with Pakistan would start on January 26.

This was informed in a meeting held here presided over by Finance Minister, Senator Mohammad Ishaq Dar which reviewed preparations for the 10th IMF Review.

Secretary Finance briefed the Minister on the progress of various reform measures in the context of the Fund Programme.

The status of actions relating to performance criteria and indicative targets, agreed under the Programme, were also discussed.

The Minister expressed satisfaction with the second quarters results as well as the overall progress made since the 9th Review and directed that the positive momentum should be maintained for the remainder of the fiscal year.

He stated that the reforms agreed under the programme had been helpful in achieving the objective of macroeconomic stability and stressed that the process should be accelerated so that the gains made during the last two and a half years are further consolidated.