IMF agreed to reschedule meeting of Extended Fund Facility

International Monetary Fund (IMF) has agreed to reschedule meeting of its board of directors (BOD) on the request of Pakistan for the approval of 6th review of the next trenche of Extended Fund Facility by IMF.         

This news was broken by the Spokesperson of Finance Ministry, Muzammil Aslam in a tweet on January 10th .   

Earlier this month, the Finance Ministry issued a statement, saying:

"Pakistan has informed the IMF about the bills moved in the National Assembly (NA) and asked it reschedule the meeting till end of this month 2022 (January)."

The statement by the Finance Ministry said:

"The IMF board will consider the approval of next tranche of loan to Pakistan as soon as legislative procedures are completed."  

IMF has agreed to reschedule the Finance Division request.