Aurangzeb expects $6-8bn IMF deal by July

ISLAMABAD: Finance Minister Muhammad Aurangzeb announced on Sunday that virtual negotiations with the International Monetary Fund (IMF) are progressing positively, with an extended fund facility worth $6-8 billion expected to be agreed upon in July 2024. Addressing a news conference here, he said: “Our goal is to ensure this is the final IMF programme,” underscoring the importance of macroeconomic stability to prevent severe economic damage. Commenting on a recent resolution in the US House of Representative regarding elections in Pakistan, Aurangzeb clarified that it was unrelated to the IMF programme.…