The Executive Board meeting schedule for September 18 has been made public by the International Monetary Fund (IMF), yet noticeably missing is the approval of Pakistan’s $7 billion loan program.
Sources indicate that Pakistan is having difficulty filling the $3–$5 billion shortfall in external financing, despite constant efforts.
On September 9 and September 13, the IMF Executive Board is scheduled to evaluate more cases. These cases include Bhutan and Norway. September 18 is when the seventh evaluation of Suriname is expected to be approved.
Even though Pakistan and the IMF inked a staff-level agreement on July 12, Pakistan still needs more funding to satisfy IMF requirements.
