Prime Minister Shehbaz Sharif on Friday said that the International Monetary Fund (IMF) delegation, which is visiting the country for discussions on the ninth review of a $7 billion loan programme, was giving a “very tough time” to Finance Minister Ishaq Dar and his team.
“Our economic challenge at this moment is unimaginable. The conditions we have to fulfil [to complete the IMF review] are beyond imagination,” he said without elaborating.
However, the country had no choice but to implement the conditions, PM Shehbaz acknowledged. He made the comments while addressing an Apex Committee meeting in Peshawar.
The IMF delegation, headed by Nathan Porter, and the government began the make-or-break discussions on the completion of the ninth review on Tuesday. Pakistan needs to complete the review to stave off default.