Visiting newspaper's Islamabad offices on 13th April, 2015, IMF's Resident Representative for Pakistan Tokhir Mirzoev made certain observations which, though couched somewhat in diplomatic language, were not very complimentary for policymakers of the country. After revealing the dates and venue for discussions on seventh review under the dollar 6.64 billion EFF, he stated that Pakistan still remains a security risk for IMF missions and talks under the programme would be held from the first week of May, 2015, in Dubai. The country is facing 4 to 5 structural deficiencies/weaknesses that make the country's economy vulnerable. "Even if something happens outside Pakistan, the country feels it as it lacks sufficient resilience inside," he added. Pakistan had rarely completed Fund programmes, yet Finance Minister Ishaq Dar has said that the programme is going to be completed this time. So far, Pakistan has had 17 to 18 programmes and after every five or six years has again sought a Fund programme as the country experiences a new crisis-like situation. "The country has imbalances in the economy, export competitiveness is not very high and expenditures are high. There are imbalances on energy side, imbalances on business climate side, so there are four to five structural weaknesses." The country has to face the challenge of fixing these factors in the upcoming phase of EFF. In order to probably assuage the severity of his remarks, he added that "we have some assurance now that the tension of immediate crisis is no longer there" and the stabilisation process of macro economy is under way. Foreign exchange reserves are being built up and budget deficit is being reduced. Proposed laws relating to anti-money laundering and independence of SBP are also being laid in the National Assembly for discussion. To infer that these remarks could only be Tokhir Mirzoev's personal views would be wrong as the IMF's World Economic Outlook (WEO) released in Washington on 13th April also contains, more or less, the same prognosis. The WEO has suggested implementation of "further bold reforms", which it says are critical to strengthening the progress made so far and counter adverse effects on economic activity of falling cotton prices and security and political tensions.