Govt rejects reports IMF concerned about funds use for ‘political purposes’

The Finance Ministry has refuted the news reported by some national media that the delay in signing of agreement with IMF is due to its seeking assurance from Pakistan that the funds will not be utilized for political purpose.

In a statement on Saturday, the Ministry clarified that the news is false and unfounded as IMF has never raised any such concern with the Government nor any funds can be utilized for any purpose without the approval of the Parliament through the budget.

Source: Radio Pakistan