There is no intention to suspend the IMF program, the new government will talk about joining the loan program. IMF Pakistanthe Economic policies will be discussed with the new government.
The International Monetary Fund (IMF) has said that economic policies will be discussed with the new government. Will talk According to Geo News, IMF Pakistan has said that economic policies will be discussed with the new government, there is no intention to suspend the IMF program, they are determined to negotiate with the new government again, to form a new government. Later, we will talk about joining the loan program.
Earlier, according to a March 29 report, the steady rise in the value of the dollar against the Pakistani rupee has not only increased inflation in the country but has also increased the debt burden of international financial institutions.
A major currency exchange market expert, speaking on condition of anonymity, told the British Broadcasting Corporation that the market was being run on the instructions of international financial institutions, due to which the US dollar, which is losing value in world markets, lost its value in Pakistan. He said that Imran Khan talks about political slavery but he ignores economic slavery even though economic slavery is the root cause of all evils in Pakistan. Political slavery will end automatically if it is saved, but unfortunately no ruler has ever paid attention to it and only the nominees of IMF and World Bank have always been the economic managers of the country. Currency dealers in the interbank market say demand is still high as oil prices rise again Has happened. Bankers say there is no immediate solution to the rupee’s sharp fall against the US dollar. According to the report, currency traders in the open market said that the dollar reached Rs 183.30 on Monday but compared to last year. Trade decreased by only 10%. Malik Bostan, chairman of the Exchange Companies Association of Pakistan, said the currency trade in the local market had fallen by only 10 per cent over a year earlier, adding that 90 per cent of foreign exchange was deposited in banks. Rising oil prices have hurt our exchange rates, while foreign exchange reserves are dwindling, with crude oil prices approaching 11 115 a barrel.