PTI Urges IMF to Factor Pakistan’s Political Instability in Talks

 PTI Urges IMF to Factor Pakistan’s Political Instability in Talks

PTI Urges IMF to Factor Pakistan’s Political Instability in Talks

ISLAMABAD: According to Reuters, the Pakistan Tehreek-e-Insaf (PTI) has requested that the International Monetary Fund (IMF) consider the country’s political stability in any future bailout talks.

According to two senior sources within Pakistan Tehreek-e-Insaf (PTI), the party has sent a letter to the IMF outlining its position. Further information will be released in due course.

Although the IMF did not respond to an email requesting comment on the letter, Julie Kozack, the IMF’s Director of Strategic Communications, addressed the issue during a recent press briefing.

During the briefing, the IMF official expressed interest in working with Pakistan’s new government but declined to discuss former Prime Minister Imran Khan’s intention to correspond with the IMF about alleged electoral irregularities.

This development comes after Ali Zafar, Imran Khan’s legal representative, stated last week that the incarcerated former prime minister intends to urge the IMF to advocate for an independent audit of Pakistan’s contentious February 8 national elections before continuing talks.

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Subsequently, the PTI revised its stance, emphasizing the importance of Pakistan’s continued engagement with the IMF in ensuring financial discipline, good governance, and economic stability, all of which are critical for its citizens’ welfare.

Pakistan is currently under a $3-billion Stand-By Arrangement (SBA) with the IMF, with one final review remaining before the program’s expected conclusion in March.

However, reports indicate that Pakistan intends to request a new loan of at least $6 billion from the IMF to help the incoming government meet its debt obligations this year.

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