IMF Mission Chief Nathan Porter says Pakistani authorities have taken decisive measures to bring policies more in line with the economic reform programme, will continue discussions
Says conditions the IMF places on its loan could either 'exacerbate social and economic hardship or provide desperately needed relief to Pakistanis while addressing crisis’s underlying causes'
Subject to Board approval, about $1.177bn will become available
IMF says Pakistan plans to undertake comprehensive review of anti-corruption institutions (including the National Accountability Bureau) to enhance effectiveness in investigating and prosecuting corruption cases