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Pakistan asks IMF to delay 6th country review meeting to end-January

Monday, January 10, 2022
Pakistan asks IMF to delay 6th country review meeting to end-January © Reuters. FILE PHOTO: The International Monetary Fund (IMF) logo is seen outside the headquarters building in Washington, U.S., September 4, 2018. REUTERS/Yuri Gripas

ISLAMABAD (Reuters) -Pakistan has asked the International Monetary Fund (IMF) to delay a board meeting meant to consider the country's sixth review until the end of January, the finance ministry said on Monday.

The meeting was meant to take place on Jan. 12 to review the recommendation to release $1 billion of Pakistan's $6 billion, three-year programme.

However, Pakistan has been so far been unable to pass recommended fiscal tightening measures tied to the funds' release.

"As soon as the legislative procedures are completed, the IMF board will consider it for approval," the finance ministry said in a statement, referring to a mid-year budget that slashes a number of duty exemptions and introduces new revenue measures.

The legislation was introduced to parliament late last month, but has met fierce resistance from the opposition amidst rising inflation and a widening current account deficit.

Last week, the government said it was confident it would pass the budget later this month.

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17-01-2022 21:13:47 (UTC+7)

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 EUR/USD1.1418↑ Sell
 GBP/USD1.3657↑ Sell
 USD/JPY114.49↑ Sell
 AUD/USD0.7221↑ Sell
 USD/CAD1.2492Neutral
 EUR/JPY130.72↑ Sell
 EUR/CHF1.0430Sell
 Gold1,821.15Sell
 Silver23.087↑ Sell
 Copper4.4380↑ Buy
 Crude Oil WTI84.08↑ Buy
 Brent Oil86.96↑ Buy
 Natural Gas4.267Buy
 US Coffee C239.65↑ Buy
 Euro Stoxx 504,302.14↑ Sell
 S&P 5004,662.85↑ Buy
 DAX15,933.72↑ Sell
 FTSE 1007,611.23↑ Buy
 Hang Seng24,280.37↑ Sell
 Small Cap 20002,161.55↑ Buy
 IBEX 358,838.70↑ Sell
 BASF68.140Neutral
 Bayer52.82↑ Buy
 Allianz227.05↑ Buy
 Adidas252.65↑ Buy
 Lufthansa7.241↑ Sell
 Siemens AG146.00Neutral
 Deutsche Bank AG12.018↑ Buy
Mua/Bán 1 chỉ SJC
# So hôm qua # Chênh TG
SJC Eximbank6,120/ 6,160
(0/ 0) # 1,144
SJC HCM6,110/ 6,170
(0/ 0) # 1,153
SJC Hanoi6,110/ 6,172
(0/ 0) # 1,155
SJC Danang6,110/ 6,172
(0/ 0) # 1,155
SJC Nhatrang6,110/ 6,172
(0/ 0) # 1,155
SJC Cantho6,110/ 6,172
(0/ 0) # 1,155
Cập nhật 17-01-2022 21:13:51
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Sản phẩmVùng 1Vùng 2
RON 95-IV2400024480
RON 95-II,III2390024370
E5 RON 92-II2291023360
DO 0.05S1838018740
DO 0,001S-V1873019100
Dầu hỏa1719017530
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Brent$86.88-1.14-1.31%
$ Tỷ giá Vietcombank
Ngoại tệMua vàoBán ra
USD22.550,0022.860,00
EUR25.268,1426.684,53
GBP30.226,5831.517,24
JPY192,39203,66
KRW16,5320,15
Cập nhật lúc 09:08:35 18/01/2022
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