Islamabad: Finance Minister Miftah Ismail confirmed Tuesday that Pakistan has received the Memorandum of Economic and Financial Policies (MEFP) from the International Monetary Fund (IMF) for the seventh and eighth reviews.
Analysts said that the document will be scrutinized for three days by the country’s economic team.
“If no major problem is found” sources claimed, the finance minister and State Bank of Pakistan governor will then sign it.
It will then be presented before the IMF’s Executive Board next month for approval.
A media report suggested that ‘MEFP may be considered as the crux of decisions negotiated between Pakistan and the Fund because it includes policy actions and structural benchmarks the two sides agreed on.’