These include restoring proper functioning of the FX market, passing a FY24 Budget consistent with programme objectives, and securing firm and credible financing commitments
Programme has been stalled at the ninth review since November last year with statements from officials insisting bailout is on track and will be revived soon
Says financial framework underlying policies agreed with the authorities is included in staff report to be released upon IMF Executive Board’s approval of ninth review
External financing is one of the last in a string of prior actions the lender wants Islamabad to complete before it clears funding, IMF representative says