The IMF has said Pakistan’s economic reforms are on track and that the Executive Board would meet in early December for approval of the combined release. In response to a question, the finance minister said the US has clarified that recent drone strikes took place on Afghan territory and not on the Pakistani side of the border as reported in the media.
Finance Minister Ishaq Dar sounded confident on simultaneous release of two IMF tranches, totaling $ 1.1. billion in December, after an agreement was reached with the Fund on combining the fourth and fifth reviews of the country’s economic performance.