IMF is concerned about budget of Pakistan

The Minister of Finance of Pakistan Mifts Ismail said on Saturday that the International Monetary Fund (IMF) expressed concern about the recently submitted budget of the country, but the government is confident that he could make changes to satisfy the creditor, reports Reuters.

On Friday, the government presented the budget for 2022-23 in the amount of 9.5 trillion of Pakistani rupees ($ 47.12 billion), aimed at strict fiscal consolidation of trying to convince the IMF to resume the so necessary payments under the rescue program.

“The IMF still has some fears about our budget, numbers and the like,” said the Minister of Finance of Pakistan.