Pakistan has not yet been added to the agenda of the International Monetary Fund’s (IMF) executive board meetings, which are set for July 31.
The 37-month Extended Fund Facility Arrangement (EFF) of around $7 billion is not featured in the agenda for the executive board meeting scheduled for July 24, July 26, July 29, and July 31, according to the Fund website.
On July 12, the Pakistani government and the IMF team came to a staff-level agreement on a 37-month Extended Fund Arrangement (EFF) for SDR 5,320 million, or almost US$7 billion.
This agreement is contingent upon the Executive Board of the IMF approving it and Pakistan’s development and bilateral partners quickly confirming the requisite finance assurances.
