Morning News: IMF procrastination; MoS Aisha says there is no ‘Plan-B’ – By Abbasi Research
<p></p><ul><li><span style="font-family:Arial, Helvetica, sans-serif;font-size:medium;">Minister of State for Finance, Aisha Ghaus Pasha Thursday
said the agreement on 9th review was delayed because the International Monetary
Fund (IMF) is not ready to reduce the external financing requirement to $3
billion and categorically stated that there is no Plan-B and the government is
committed to the IMF programme.</span></li></ul><ul><li><span style="font-family:Arial, Helvetica, sans-serif;font-size:medium;">The country’s total foreign exchange reserves further
decreased by $ 218 million during the last week. According to State Bank of
Pakistan (SBP), the total liquid foreign reserves held by the country stood at
$ 9.513 billion as of May 26, 2023 compared to $ 9.731 billion as on May 16,
2023.0</span></li></ul><ul><li><span styl...
