Pakistan slams IMF’s ‘intervention’ in internal matters

Islamabad: Pakistan State Minister for Finance and Revenue Aisha Ghaus Pasha on Wednesday slammed the International Monetary Fund (IMF) for “intervening” in Pakistan’s internal matters, local media reported.

“Pakistan’s conduct is in line with the law,” the state minister said, terming IMF Mission Chief for Pakistan Nathan Porter’s statement – regarding the political situation in Pakistan – “extraordinary”.

While the IMF does not comment on domestic politics, Porter had said that the Fund hopes “a peaceful way forward is found in line with the Constitution and the rule of law”.

Hoping that both sides will reach a staff-level agreement before the announcement of the federal budget – expected to be unveiled on June 9 – for the fiscal year 2023-24, the state minister said that the delay is neither good for Pakistan nor the Fund.

Dr Pasha confirmed reports that Prime Minister Shehbaz Sharif contacted IMF Managing Director Kristalina Georgieva, adding that the premier assured the fund’s chief that Pakistan will meet all its obligations, Geo News reported.

On May 27, the Prime Minister contacted Georgieva, requesting her to help Pakistan revive the stalled $6.5 billion facility.

The Prime Minister – according to the sources – requested her to intervene in order to complete the pending ninth review – which would unlock $1.1 billion in financing for the cash-strapped nation, Geo News reported.

The minister, in response to a question regarding Pakistan’s plan of action in case it fails to convince the fund before the expiry of the programme – June 30 – said: “The Ministry of Finance is not sitting with its eyes closed, there is always a Plan B but our priority is to revive the IMF programme.”
IANS

Nikhil Gupta produced in US court, pleads not guilty in ‘murder plot’

New York: Nikhil Gupta, who has been accused of being involved in a 'murder-for-hire' plot against a Khalistani separatist, has told a federal court here that he is not guilty....

As Tibet Bill advances closer to becoming law in US, lawmakers to meet Dalai Lama

Dharamsala: As the Resolve Tibet Bill advances closer to becoming law to enhance American support for Tibet, a high-level US congressional delegation, led by Michael McCaul, is reaching this Himachal...

India’s children should know truth about Babri Masjid demolition: Owaisi on NCERT row

Hyderabad: The All India Majlis-e-Ittehadul Muslimeen (AIMIM) chief Asaduddin Owaisi on Tuesday said that India’s children should know that the Supreme Court called the demolition of Babri Masjid an “egregious...

Kerala Guv Arif Mohammed Khan looks all set for an extension

Thiruvananthapuram: Arif Mohammed Khan who was appointed as the Kerala Governor in September 2019, is all set for an extension. According to the rules, a governor holds office till he...

Minorities need not fear, says K’taka CM

Bengaluru: Karnataka Chief Minister Siddaramaiah on Monday said the minorities in the state need not fear as the government would protect them and the majority in the same manner. Addressing...

Massive quake changed course of Ganga River 2,500 years ago, can occur again: Study

New Delhi: A team of US researchers on Monday said that a major earthquake of magnitude 7 or 8 around 2,500 years ago changed the course of the Ganga River...

Indian national accused in alleged assassination plot against Khalistani extradited to US

New York: Nikhil Gupta, who has been accused of involvement in an alleged plot to assassinate a Sikh separatist here has been extradited to the United States and is in...

Man held in UP for claiming plot to kill CM

Kanpur (UP): The Uttar Pradesh Police have arrested a man who had posted a message saying that a sub-inspector from Kanpur could get the Chief Minister murdered. The accused was...

Four Maoists killed in encounter in Jharkhand’s West Singhbhum district

Chaibasa (Jharkhand): Four Maoists, including a woman were killed in an encounter with police in Chaibasa, in Jharkhand's West Singhbhum district, on Monday.   Chaibasa SP Ashutosh Shekhar confirmed the...

Musk’s X banned over 2 lakh accounts for policy violations in India in May

New Delhi: Elon Musk-run X Corp has banned 2,29,925 accounts in India between April 26 and May 25, mostly for promoting child sexual exploitation and non-consensual nudity. The microblogging platform,...

Jordan says 14 pilgrims dead, 17 missing during Haj in Saudi Arabia

Amman: Jordan on Sunday confirmed the deaths of 14 citizens and the missing of 17 others who were performing Haj rituals in Saudi Arabia. Sufian Qudah, the spokesperson for the...

Dharavi Redevelopment: ‘Land transfer is to Maha govt, not developer Adani Group’

Mumbai: The ongoing Dharavi redevelopment project does not involve any land transfer to Adani Group but it was only to the Maharashtra government's Dharavi Redevelopment Project/Slum Rehabilitation Authority (DRP/SRA). The...

Read Previous

Will hang myself if allegations proved, says WFI chief Brij Bhushan Sharan Singh

Read Next

‘Kennedy’ screening: Shabana’s ‘paisa vasool’ moment with Shekhar Kapur

Leave a Reply

Your email address will not be published.

WP2Social Auto Publish Powered By : XYZScripts.com