A member of an Economic Advisory Council, Dr Ashfaq Hassan has claimed in a TV talk show that the newly elected government of Pakistan Tehreek-e-Insaf (PTI) has decided to approach the International Monetary Fund (IMF).
He said that six months have been passed and still the people of Pakistan cannot see a clear direction of whether the PTI government will approach the IMF or not.
Due to this unclear situation, the stock market of the country is also been noticed unstable. The investors and industrialists are also waiting for the proper economic policy from the government side, Mr Ashfaq added.
Due to this, it is confirmed that the government of Pakistan has decided to go to the International Monetary Fund (IMF).
Some people in the government wants to avoid the IMF but the majority have decided that we must have to go for it, Dr Ashraf claimed.
Earlier, a delegation of International Monetary Fund (IMF) visited Pakistan and had three meetings with the authorities of Pakistan.
The Governor State Bank of Pakistan (SBP) and Chairman Federal Bureau of Revenue (FBR) both had separate meetings with IMF delegation.
IMF delegation specifically sought to review the contract agreements related to energy projects under China-Pakistan Economic Corridor (CPEC), however, the ministry denied sharing any information regarding these projects and said the details are confidential and with Ministry of Energy (MoE).