The International Monetary Fund (IMF) on Thursday refused to comment on the arrest of former prime minister Imran Khan, saying that there was no indication that Pakistan wanted to stall talks.
The IMF spokesperson while replying to Bloomberg said that the IMF’s negotiations with Pakistan were ongoing and the purpose of the negotiations was to complete the ninth review of 2019.
The spokesperson of the IMF said that the government had made an agreement not to subsidise petrol. According to Fund’s statistics, there was a debt of $2.6 billion still outstanding under IMF programme. The program will end in June.
Pakistan has committed not to implement the cross-subsidy programme, an IMF spokesperson told Bloomberg. The government also will not introduce new tax exemptions and will “durably allow” a market-based exchange rate for the rupee currency, the IMF told Bloomberg.
