Pakistan’s Prime Minister Shehbaz Sharif has confirmed that the agreement with the International Monetary Fund was in the final stages of approval. Sharif after attending the UNGA summit on Tuesday said “there is an IMF board meeting on Wednesday. We have fulfilled all their conditions which were very strict”. He profusely thanked China, Saudi Arabia and the United Arab Emirates, saying that without their support this would not have been possible. The IMF’s Executive Board will discuss Pakistan's $7 billion bailout program, allaying fears of a prolonged delay in much-needed funds for the country. The South Asian nation struck a staff level agreement with the global lender in June, but board approval for the 37-month program has been pending since then. The tough measures taken to win the approval, including hike in essentials and taxes, has hit all sections of the society.

#Pakistan #PrimeMinister #ShehbazSharif

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