Pakistan asks IMF to delay 6th country review meeting to January-end

Pakistan has requested the International Monetary Fund (IMF) to delay a board meeting meant to consider the country's sixth review to the end of January, the finance ministry said.

Pakistan asks IMF to delay 6th country review meeting to January-end

The meeting was meant to take place this week on Jan. 12 to review the recommendation to release 1 billion USD of Pakistan's 6 billion USD, three-year programme.

Pakistan is meant to pass a mid-year budget to complete IMF-recommended fiscal tightening.

"As soon as the legislative procedures are completed, the IMF board will consider it for approval," the finance ministry said.

Reuters