Islamabad November 15 2023: International Monetary Fund Managing Director Kristalina Georgieva said she expects a deal on a debt review with Pakistan to come soon, a development that could unlock more funds for the South Asian nation.
“I expect an agreement of the review to come within this week,” Georgieva told Bloomberg Television’s Haslinda Amin in an interview in Singapore on Wednesday. The Pakistani authorities, especially the finance minister “deserve credit for a very difficult time sticking to the program that they have,” she said.
An IMF team is currently in Pakistan for a scheduled review of its loan agreement signed in July, ahead of the release of an installment of about $700 million. Reaching a deal on the review would improve Pakistan’s access to other credit.
