Pakistan, IMF review progress under EFF, RSF programmes

Pakistan and the International Monetary Fund (IMF) reviewed the country's macroeconomic performance and progress under the Extended Fund Facility (EFF), the Resilience and Sustainability Facility (RSF) and the broader Fund-supported reform programme. The Federal Minister for Finance and Revenue Senator Muhammad Aurangzeb met First Deputy Managing Director Dan Katz, Deputy Managing Director Nigel Clarke, Director of the IMF's Middle East and Central Asia Department Jihad Azour, and Mission Chief for Pakistan Iva Petrova during the engagements. Federal Minister Aurangzeb highlighted the country's improved fiscal and external balances, achievement of revenue targets, stronger foreign exchange reserves, record remittances and an improved current account position, according to a press release issued.