Author: none@none.com (Mahira Sarfraz)

An International Monetary Fund (IMF) mission is set to meet with Pakistani authorities next week to discuss the “next phase of engagement”. Esther Perez Ruiz, the Fund’s resident representative for Pakistan, mentioned that the mission, led by Nathan Porter, IMF’s mission chief to Pakistan, aims to establish better governance and enhance economic growth for the benefit of all Pakistanis. Pakistan recently completed a short-term $3 billion programme with the IMF to prevent sovereign default. The government is now highlighting the need for a fresh, longer-term programme to address the country’s economic challenges. Despite stabilizing the $350bn economy and reducing inflation…