Monday, September 26, 2022

IMF Board approves revival of Extended Fund Facility program: Miftah Ismail

IMF Board approves revival of Extended Fund Facility program: Miftah Ismail

ISLAMABAD (92 News) - Federal Minister for Finance Miftah Ismail has said that the International Monetary Fund (IMF) Board has approves the revival of the Extended Fund Facility (EFF) Program.

In a message on Twitter on Monday, he said: "Alhamdolillah the IMF Board has approved the revival of our EFF program. We should now be getting the 7th and 8th tranche of $1.17 billion. I want to thank the Prime Minister Shehbaz Sharif for taking so many tough decisions and saving Pakistan from default. I congratulate the nation."

Meanwhile, Federal Minister for Planning Ahsan Iqbal has also endorsed the revival of the IMF EEF program.

In a tweet, he said: "The IMF has approves Pakistan Programme despite PTI’s treacherous act!"