Ishaq Dar said on Thursday that Pakistan didn’t miss a single payment.
Speaking on the Senate floor, the finance minister claimed, “We didn’t postpone a day in payments.”
He stated that “all technical discussion has concluded, and an agreement with the International Monetary Fund (IMF) is becoming close.”
What was pledged at the fifth and sixth reviews of the bailout is what the IMF is asking, according to Dar.
The institution needs three billion dollars in guarantees from the United Arab Emirates and Saudi Arabia, the finance minister told the Senate.
According to Ishaq Dar, the foreign exchange reserves are increasing. The finance minister stated, “We are attempting to take the reserves to a level of 13 billion dollars by June.”
