Category
🗞
NewsTranscript
00:00When there are staff level meetings, then SLAs are signed between the government and the IMF.
00:05That staff level agreement was not signed.
00:07Because that staff level agreement was not signed, a lot of speculation started.
00:11But by the grace of God, that staff level agreement was signed.
00:13It has to go to the executive board.
00:15And after the executive board, the matter goes to the release, the complete fund release.
00:19Now 1.3 billion dollars will be given to Pakistan.
00:24Why will it be given? Let's talk about it.
00:26The communications director of the IMF, Julia Cossack, has announced that Pakistan will receive 1.3 billion dollars in environmental funding.
00:36She has also said that both the extended fund facility and environmental funding will be included in the talks with Pakistan.
00:45This 1.3 billion dollar loan will be given within 28 months, which will be part of the environmental program.
00:53Which is also called the Resilience and Sustainability Facility Program.
00:58Under the staff level agreement of the IMF, Pakistan will be paid 1 billion dollars under the 7 billion dollar bailout program.
01:06And the mission chief of the IMF, Nathan Porter, has said that despite the challenging conditions at the international level, Pakistan has made significant progress in the field of macroeconomic regulation.
01:17After the approval of the IMF board, Pakistan will receive a total of 2.3 billion dollars under the EFF.
01:25The IMF team, under the leadership of Nathan Porter, from 24th February to 14th March of this year, in Karachi and Islamabad,
01:35and the IMF has allowed only one rupee electricity tariff reduction, which we will see in the coming days.
01:42This one rupee relief will be given in the form of a basic tariff.
01:49This relief will be somehow given from the revenue obtained from the levy on the plants.
01:57The relief package for the electricity beneficiaries from the government is also being worked on.
02:02With the IMF, the package will also be announced with the approval of the working.
02:07The loyal cabinet has agreed to use the power division's recommendation to reduce the price of petroleum.
02:19That is, the shortage in petroleum has now been diverted and the one rupee fee unit of the electricity beneficiaries has been reduced.
02:29Whenever there is an agreement between the IMF and Pakistan for 2-3 billion rupees,
02:34when we are knocking on the door of the IMF,
02:39I feel that if we invest this much hard work in the export sector of our services,
02:49in the export sector of our mines and minerals,
02:52then not today, not tomorrow, not next year, but in the coming time, we will feel a very clear difference.
02:59And then the IMF will not have to be stopped.
03:01Certainly, going to the IMF is a compulsion, a go-ahead, a thumbs-up for other creditors.
03:06But still, we will have to pay attention to export in the long term.
03:10And it will have a positive impact on microeconomics.
03:13Give permission to Anika Nisar. Take care of yourself.
03:15See you tomorrow. Allah Hafiz.