Planning Minister Ahsan Iqbal has expressed satisfaction with the recent IMF package, which alleviated concerns of an immediate default.

He conveyed his views during the “Beyond IMF Agreement: Challenges and Opportunities for Pakistan” Twitter space today.

The Minister, however, emphasized that the deal should be seen as a temporary relief and mere a breather, rather than a lasting solution.

He said Pakistan secured a three billion dollar short-term financial package from the IMF as a result of strenuous efforts of the coalition government.

Ahsan Iqbal described this as a much-needed respite that restored investor’s confidence.

He stressed the necessity of implementing structural reforms to guide the country onto a sustainable path and achieve desired results in the long term.

Source: Radio Pakistan