An agreement was reached between Pakistan and the IMF

Islam Abad (94 news) The staff level agreement between the IMF and Pakistan has been concluded, after the approval of the Executive Board, Pakistan 70 Millions of dollars will be received.

In the statement issued by the IMF, it is said that Pakistan has achieved all the economic targets, inflation is likely to decrease in the next few months, reforms are also promised to continue to follow the market-based exchange rate and create investment and employment opportunities, while the pressure on the exchange market is reducing. According to the IMF statement, after a long time, November 1 2023 Gas prices were increased from , Pakistan assured to refrain from administrative measures to affect the value of the rupee. According to the statement, an active monetary policy is needed to reduce inflation to its target. 70 The amount released by the IMF to Pakistan by getting more crores of dollars 1.9 It will be a billion dollars.