Governor SBP resignation: IMF-PAK talks delayed

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GMT - 3 Hours Governor SBP resignation: IMF-PAK talks delayed

Post by εﺓз• » ιη∂αġι яσ¢χ « • on Wed Sep 14, 2011 12:48 pm

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ISLAMABAD: Talks between the IMF and Pakistan have been delayed due to the fact that the position of State Bank Governor is inactive, Geo News reported.

Finance Ministry sources told Geo News that the place and date for talks had not been decided and prior to this the talks were expected to take place on July 11. IMF officials are waiting on Pakistan to submit a new date for the talks.

According to sources, the State Bank is central to talks between the IMF and Pakistan. The delay in talks will place the $ 1.7 billion tranche Pakistan is expected to receive from the IMF in danger.
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