IMF says implementation of SBA crucial to Pak's economic future | The Express Tribune
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The International Monetary Fund’s (IMF) Director of Strategic Communications Julie Kozack has said that "steadfast implementation" of the nine-month Stand-by Arrangement ( SBA ) was critical to Pakistan's future. "Steadfast implementation is critical to address its large financing needs & support the most vulnerable," she said in a statement on Thursday. The Stand-By Arrangement (SBA) for Pakistan 🇵🇰 comes at a challenging juncture. It aims to stabilize the economy & address the needs of the Pakistani people. Steadfast implementation is critical to address its large financing needs & support the most vulnerable. pic.twitter.com/2BfDQxvih2 — Julie Kozack (@IMFSpokesperson) July 13, 2023 "The SBA is aimed at supporting the authorities' immediate efforts to stabilise the economy," she said, "and also to ensure that the current balance of payments need is filled. "While it is a relatively short programme, it...