Staff Level Agreement will be reached Finance Minister.

Staff Level Agreement will be reached Finance Minister.

Washington.

 Finance Minister Muhammad Aurangzeb has said that the IMF has been discussed, the commission will reach Pakistan by mid-May and it is hoped that the staff level agreement will be reached by the end of June or the beginning of July.

While giving a press conference in Washington, Finance Minister Muhammad Aurangzeb said that what will be the size and duration of the IMF program? His input will be given in the budget.

Finance Minister Muhammad Aurangzeb said that big investors have indicated to invest in Pakistan. Saudi Arabia will invest 5 billion dollars in Pakistan, the Saudi delegation said that some transactions will be done in the coming days. It is a great success.

Apart from this, he said that the work on the privatization of the institutions is going on, efforts are also going on to access the Chinese market, the direction regarding the recovery of the economy is clear.

Finance Minister Mohammad Aurangzeb further said that FBR is bringing digitization in the system.

It should be noted that Federal Finance Minister Muhammad Aurangzeb is in the US with a delegation to negotiate a package with the IMF.