IMF praises Pakistan’s “sensible approach” of not seeking another package

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ISLAMABAD, Apr 28 (APP): International Monetary Fund (IMF) has
described as “sensible approach” of Pakistan’s view of not seeking another package at this stage after the current $ 6.7 billion three year IMF programme ends in September this year.

Pakistan will be ready to go it alone when its $ 6.7 billion
three year International Monetary Fund programme ends in September, a senior fund official was quoted by Reuters new agency as saying.

Masood Ahmed, director of the IMF’s Middle East and Central
Asia department, told Reuters substantial progress had been made in
repairing Pakistan’s economy and that Islamabad was right to be saying is does not need another package.