State Bank of Pakistan Governor talked extensively about having sufficiently high foreign currency reserves to permanently quit the IMF
Cash-strapped Pakistan will have no need to go back to the IMF in the future once it receives the last loan programme of $6 billion from the global lender, governor of the State Bank of Pakistan has said.
Reza Baqir said the recent structural reforms implemented under commitments made with the International Monetary Fund (IMF) had started providing much-needed support to the weak economy to enable it to stand on its own feet.Read More…
