Updated at: 0520 PST, Saturday, December 04, 2010
 ISLAMABAD: Secretary Finance Salman Siddique has said government may request IMF to extend its loan program before December 31, Geo News reported.
Talking to media here, Salman said that standby loan program could be extended for three months during talks with IMF.
He said in order to seek extra time for implementations on IMF conditions, the government would have to make request a week before IMF’s board meeting.
Salman linked extension in IMF loan program to consensus of all political forces.
Pakistan may succeed in getting the last two trenches of IMF loans of standby program at a time, which worth 3.6 billion dollars, he hoped, adding that this will require timely completion of RGST issue.
The provinces would have been taken under confidence by December 8 on RGST, he vowed. |
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