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Print Print edition: 2023-02-09

Primary deficit: Rs500bn waiver sought from IMF

Published February 9, 2023 Updated February 9, 2023 08:46am
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By Naveed Butt
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ISLAMABAD: Pakistan has requested the International Monetary Fund (IMF) for a waiver of Rs500 billion in the primary deficit on account of flood expenditure for the current fiscal year 2022-23.

IMF wants to observe 3 more quarters, examine flood rehab plan: Dar

According to the sources, Pakistan Muslim League-Nawaz (PML-N) coalition government has requested the IMF to increase the amount from Rs442 billion to Rs500 billion in the primary deficit for waiver on account of flood expenditure.

Copyright Business Recorder, 2023

IMF floods Federal Government primary deficit IMF and Pakistan Floods in Pakistan

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