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Saturday December 21, 2024

Aurangzeb assures investors curious about IMF bailout timeframe

He was asked for the timeframe by representatives of different forums

By Our Correspondent
September 06, 2024
Finance Minister Muhammad Aurangzeb is presenting budget 2024-25 in the National Assembly on June 12, 2024. — APP
Finance Minister Muhammad Aurangzeb is presenting budget 2024-25 in the National Assembly on June 12, 2024. — APP

ISLAMABAD: Minister for Finance Muhammad Aurangzeb on Thursday remained non-committal about the exact timeframe for the approval of $7 billion loan by the IMF executive board but assured international investors that the government was committed to undertaking structural reforms under the fund programme. He was asked for the timeframe by representatives of different forums. During the meeting, the finance minister presented a comprehensive overview of the Pakistan economy with focus on stabilisation and growth trajectory achieved over the last one and a half years that had brought back the interest of investors and lenders in Pakistan.