February 9, 2014 / 9:11 AM / 4 years ago

IMF says programme for Pakistan broadly on track

DUBAI, Feb 9 (Reuters) - The International Monetary Fund said on Sunday that its programme for Pakistan was broadly on track.

The IMF's mission chief for Pakistan, Jeffrey Franks, also told a news conference in Dubai that he encouraged the central bank to be vigilant in coming months to guard against a rebound of inflation.

Last September, the IMF agreed to lend Pakistan $6.7 billion over three years.

Franks said Pakistan was still in a very difficult economic situation but that the IMF saw signs of improvement. (Reporting by Martin Dokoupil; Writing by Yara Bayoumy; Editing by Andrew Torchia)

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below