LAHORE: It has been decided to resume talks between Pakistan and International Monetary Fund (IMF) officials.
Sources said that talks with the officials of the new government will start in Washington tomorrow while key government figures from Islamabad will take part in the talks virtually.
The sources said that the resumption of the IMF program is also likely to be announced in the talks. During the talks, the IMF will decide to give an installment of $1 billion to Pakistan.
According to sources, the talks will focus on the new government’s concerns from the IMF, as well as subsidies, amnesty and new terms.
Finance Ministry sources say the previous government wasted six months in negotiations with the IMF, with economic stability at the top of the current government’s priorities.
Last month, PML-N leader and former finance minister Miftah Ismail had said that the government is breaking the deal with the IMF and is laying an atomic bomb for the next government.
Speaking at a press conference here on Monday, Miftah Ismail said that it would take a long time for the economy to recover.
Miftah Ismail said that Imran Khan is saying that he will not keep an eye on prices. Shaukat Tarin has ruined the economy, those who have a budget deficit of Rs4600 billion have not installed a single power plant. Six million people in this government lost jobs. Pakistan has high inflation than India and Bangladesh.
He said that the government was breaking the deal with the IMF as it was leaving. The PTI government was laying atomic bombs for the next government. The government is still in talks with the IMF people. It had not fulfilled the promises made with the IMF, he added.
Yesterday, PML-N President Shehbaz Sharif has said: “Mr. Imran! you did not really come to fix the price of potatoes and tomatoes but to ruin the country and the people. You have completed this task. Now go home.”
In his reaction to the speech made by the Prime Minister at a public meeting in Hafizabad today, Shehbaz said that Imran Sahib! You came for the fall of Kashmir, stopping CPEC and to increase Pakistan’s 24 ranks in corruption. You have done this destruction, now go home.
He said that you (PM) came to anger the friends of Pakistan, you fulfilled that agenda, you came to hand over Pakistan’s economic sovereignty to the IMF, you fulfilled that agenda, you appreciated dollar value from Rs125 to 180. You have successfully destroyed this economy. You have spread the filth that you came with the help of black money of foreign funding.
