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Monday 22 July, 2024
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Miftah Ismail dismisses rumours that IMF programme may be delayed

BY Muhammad Noman Jul 04, 2022. 04:40 pm UPDATED: Jul 04, 2022. 05:44 pm

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The International Monetary Fund’s (IMF) bailout programme for Pakistan has been delayed or postponed, according to reports and tweets, although Finance Minister Miftah Ismail has denied these claims.

“I have been reading all the tweets and news articles with a certain amount of humour about how some anti-corruption statute was causing the IMF programme to be delayed or postponed. Miftah tweeted that there was “no truth to it” and that the initiative was “on track.”

The finance minister tweeted in response to a news that said the IMF programme had been delayed and was published in Global Village Space.

According to the study, the delay in the programme was caused by “a breach of anti-corruption laws as well as other financial measures, such as hiking gas and electricity costs.”

 

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