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Planning Minister Ahsan Iqbal has expressed satisfaction with the recent IMF package, which alleviated concerns of an immediate default.
He conveyed his views during the “Beyond IMF Agreement: Challenges and Opportunities for Pakistan” Twitter space today.
The Minister, however, emphasized that the deal should be seen as a temporary relief and mere a breather, rather than a lasting solution.
He said Pakistan secured a three billion dollar short-term financial package from the IMF as a result of strenuous efforts of the coalition government.
Ahsan Iqbal described this as a much-needed respite that restored investor’s confidence.
He stressed the necessity of implementing structural reforms to guide the country onto a sustainable path and achieve desired results in the long term.
Source: Radio Pakistan