Mission chief says they are in contact with Pakistan for IMF Board meeting

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ISLAMABAD , May 30, 2023: Nathan Porter – who is the IMF Mission Chief to Pakistan – on Tuesday said they were engaging with Pakistan for the international lender’s board meeting and talks would focus on the budget for next financial year.

In a statement, Porter said the IMF programme would conclude on June 30 and added that they won’t comment on political developments and domestic policies.

“We take note of recent political developments, and while we do not comment on domestic politics, we do hope that a peaceful way forward is found in line with the Constitution and the rule of law.”

About the engagement with Pakistan, he said it was focusing on the restoration of foreign exchange proper market functioning, keeping in mind programme goals in preparation of the upcoming budget, and adequate financing. The objective was to pave the way for a IMF Board meeting before the current programme expired, Porter added.