IMF Assures Staff Level Agreement with Pakistan ‘Very Soon’

Ishaq Dar, Minister of Finance, had a formal meeting with IMF officials at a high level. She expressed concurrence with Pakistan will then be submitted to the IMF board for endorsement.

The International Monetary Fund (IMF) Middle East Director Jihad Azour made the announcement on Wednesday that the international lender will soon sign a Staff Level Agreement (SLA) with Pakistan, which is significant for the cash-strapped nation.

Finance Minister Senator Mohammad Ishaq Dar attended IMF/World Bank Spring meetings via Zoom from Islamabad with high level IMF team headed by Mr. Jihad Azour Director IMF. They discussed progress on IMF program and implementation of Prior Actions. (1/2)… pic.twitter.com/bel7gcWoma — Ministry of Finance (@FinMinistryPak) April 12, 2023

The director of the IMF stated that Pakistan’s progress on reforms and timely completion of the IMF program are hoped for.

Ishaq Dar participated via video link in the annual meeting of the IMF and World Bank, where IMF Director for the Middle East Jihad Azour was in charge of the meeting.