Today, a delegation from the International Monetary Fund (IMF) is set to meet with Imran Khan, Chairman of the Pakistan Tehreek-e-Insaf (PTI) party, in order to seek the party’s endorsement of the standby agreement.
Hammad Azhar, a member of the PTI’s economic team, announced via a tweet that the IMF has reached out to the party, requesting their support for the $3 billion standby agreement and its overarching goals.
“An IMF team will call on party chairman Imran Khan at Zaman Park this afternoon. Both PTI’s economic team and the IMF team will join, in person and virtually, to take part in the discussions,” Azhar added.
Statement by IMF
In a statement, Esther Perez Ruiz, the resident representative of the International Monetary Fund (IMF) for Pakistan, mentioned that the IMF staff is currently engaged in meetings with representatives from prominent political parties in Pakistan.
“IMF staff are in the process of meeting with representatives of the major political parties in Pakistan, including PML-N, PPP, and PTI, to seek assurances of their support for the key objectives and policies under a new IMF-supported program ahead of the approaching national elections.” the statement added.
It is worth noting that the IMF Executive Board is scheduled to convene on July 12th to authorize the release of an initial installment of $1.1 billion to Pakistan as part of the standby agreement.
