Pakistan Wants to Stay 'On Track' with IMF Program

Pakistan wants to remain on track with its International Monetary Fund loan program, said Abdul Hafeez Shaikh, the nation’s finance minister.

“We want to remain on track with the IMF program because that is a reform program that we are ourselves undertaking,” he told reporters Aug. 26 outside the IMF office in Washington. “We want to continue to demonstrate our resolve to take difficult decisions.”

Pakistan and IMF are conducting talks to explore ways to bolster the Islamic nation’s economy amid the massive monsoon flooding, Reuters reports. The talks are expected to last until next week.