ARY News 8 AM Headlines | 5th April 2024 |
#imf #pakistan #inflation #economy #headlines #arynews
#imf #pakistan #inflation #economy #headlines #arynews
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NewsTranscript
00:00 On March 19th, IMF staff and the Pakistani authorities reached a staff level agreement
00:09 on the second and final review under Pakistan's standby arrangement.
00:14 Pakistan will have access to around 1.1 billion US dollars and that would bring total disbursements
00:21 under the SBA to about 3 billion US dollars.
00:25 IMF and Pakistan's staff level agreement on March 19th will bring total disbursements
00:30 to 3 billion US dollars.
00:33 IMF Director of Communications, Julie Kozic's press conference said that the government's
00:37 efforts to improve the economy are being appreciated.
00:40 After the first review, Pakistan's economic and financial situation is improving.
00:44 Pakistan is ready to talk to the world about a new program in a few months.
00:47 The conditions of the IMF are not easy but we need another program.
01:06 Prime Minister Shahbaz Sharif's address to the Cabinet said that the Treasury Minister
01:09 is going to Washington and will talk to the IMF on a new program.
01:12 The last installment of the ongoing program, 1 billion US dollars, will be available soon.
01:15 The SIFC is playing a key role in improving the work of various departments.
01:20 This will be followed by the IMF's initiative.
01:22 Prime Minister Shahbaz Sharif has established a five-member investigative committee on the
01:26 non-functioning track and trace system of the FBR.
01:29 Former Secretary of Treasury, Tariq Bajwa will be the head of the committee.
01:32 The reason for the failure of the FBR system will be investigated.
01:35 The Nijkari Commission Board has approved the pre-qualification committee for the PIA Nijkari.
01:58 The board has been removed from the balance sheet.
02:05 The board has invited the public to participate in the Nijkari.
02:08 The invitation and documents are available on the Nijkari Commission website.
02:11 The board is hoping that the Pakistani traders will also show their interest.
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