Chairman of Pakistan Economy Watch (PEW) Brig. (retd) Aslam Khan on Thursday hoped that few days are left for the meeting of the Executive Board of the IMF for the review and possible ratification of the Staff Level Agreement with Pakistan. In a statement issued here, he said that the IMF’s Executive Board’s meeting scheduled to be held on July 12, during which there was a strong possibility of approving a loan of three billion dollars and releasing the first instalment of one billion and ten crore dollars. Brig. (retd) Aslam Khan said that the approval of IMF loan will open the way for more loans and investments for Pakistan, which will improve the situation. The government should start a diplomatic campaign to get the international community and friendly countries to implement their commitments in addition to obtaining new loans, he concluded.

Credit : Independent News Pakistan-INP