Talks with IMF enter remaining stage:Finance Minister

Finance Minister Asad Umar on Sunday mentioned that talks with the Worldwide Financial Fund (IMF) had entered remaining stage.
Speaking to journalists in Islamabad, Asad Umar mentioned that the federal government would additional negotiate with the newly appointed IMF mission earlier than reaching an settlement.
He mentioned the brand new IMF Mission Chief for Pakistan would arrive in Islamabad on March 26 and added that he would maintain vital conferences with the officers of finance ministry and State Financial institution of Pakistan to finalize an accord.
Responding to a query, Asad Umar clarified that the settlement on deferred cost of oil was made with Saudi Arabia and never the UAE.
Earlier, Finance Minister Asad Umar, on February 21, had mentioned that talks had been underway with the Worldwide Financial Fund (IMF) frequently.
He was chatting with the media after addressing the Enterprise Leaders Convention within the federal capital.
“We’re in talks with the IMF and are holding periods frequently,” the minister had contented and added that final week, Pakistani groups had two technical periods with the fund and having one interplay each week.