Thursday, March 28, 2024
News

Pakistan PM's adviser leaves without concluding IMF talks

   SocialTwist Tell-a-Friend    Print this Page   COMMENT

Islamabad | Friday, 2021 5:45:05 PM IST
Shaukat Tarin, adviser to the Pakistan Prime Minister on Finance and Revenue, left Washington without concluding the talks that could have led to a much-needed endorsement of the governments economic policies by the International Monetary Fund (IMF), Dawn reported.

Tarin, however, left behind Finance Secretary Yousaf Khan to further pursue the talks for the resumption of a $6 billion loan facility that would bring an immediate relief to the cash-starved government by delivering a suspended tranche of $1 billion.

Tarin first came to Washington in early October and went to New York on October 15 after a 10-day stay.

He was scheduled to fly to London from there, but returned to Washington on Tuesday as an IMF official said at a news briefing that the talks had progressed to "a very good step".

Till Wednesday evening, the Pakistan delegation expected a positive outcome and scheduled a news briefing on Thursday morning to share the good news with the media. However, they sent another alert to the media late at night, cancelling the briefing, the report said.

Later Thursday, Tarin quietly left Washington, hopping on a train to catch an international flight from New York.

He may join Prime Minister Imran Khan who is scheduled to visit Saudi Arabia this weekend.

During his two visits to Washington, Tarin met IMF Managing Director Kristalina Georgieva and other officials twice, and after both meetings each side expressed the hope that the consultations would soon lead to a positive conclusion.

They did not, the report added.

Pakistani officials, however, still insist that it would be a mistake to say the talks had failed.

"I think we are in a good place," said one of them. "We are getting positive vibes."

--IANS san/ksk/

( 300 Words)

2021-10-22-11:38:03 (IANS)

 
  LATEST COMMENTS ()
POST YOUR COMMENT
Comments Not Available
 
POST YOUR COMMENT
 
 
TRENDING TOPICS
 
 
CITY NEWS
MORE CITIES
 
 
 
MORE ASIA NEWS
UAE, Paraguay Presidents discuss bilater...
Pakistan second-largest naval air statio...
Corrupt Pak Army Generals, ISI chiefs re...
UAE and Jordan conduct joint food aid ai...
Israeli military presses forward in Gaza...
Baloch National Movement holds protest i...
More...
 
INDIA WORLD ASIA
Vijay Shivtare meets Maharashtra CM and ...
Satellite-based toll collection system t...
'Don't have that kind of money to contes...
BJP appoints CR Kesavan as national spok...
'Was working on the ideas of PM Modi': N...
'Don't have that kind of money to contes...
More...    
 
 Top Stories
"Grateful to have my family, coach.... 
Availability and cost of capital mo... 
"No party leader would resign over ... 
TMC leader Mohua Moitra skips 3rd E... 
Pakistan: Five people released on b... 
Celebrating Success: Phoenix GRS Ma... 
Punjab Kings XI Receive Grand Welco... 
Delhi HC dismisses Congress party p...