Dar made a sudden appearance and recorded his views on the IMF programme at the meeting that now seems meeting its unpleasant end. The PPP’s former finance minister, Senator Saleem Mandviwalla, said on Thursday that he was in favour of completing the 9th review of the IMF programme. Under the IMF programme, Pakistan cannot give any type of tax amnesty scheme. The World Bank has also indicated giving a $450 million loan under the RISE-II programme but it is contingent upon the IMF good health of economy certificate, said Ishaq Dar. Dar made it clear that he did not make the new budget in consultation with the IMF.

Source: The Express Tribune June 16, 2023 18:36 UTC