Shaukat Tarin returns to Washington DC to join ongoing talks with IMF

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Islamabad (Web Desk): Adviser to the Prime Minister on Finance and Revenue Shaukat Tarin has returned to Washington to join the ongoing negotiations with the International Monetary Fund (IMF).

“IMF latest update: Mr. Shaukat Tarin, Adviser to the Prime Minister on Finance, has returned to Washington DC to join ongoing discussions with IMF. Media reports related to inconclusive talks are baseless,” spokesperson for the Finance Ministry said in a tweet.

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Tarin, who was the finance minister when he first came to Washington earlier this month, is now a financial adviser to the prime minister as he had to be a member of parliament to retain the minister’s position.

Earlier, State Bank of Pakistan (SBP) Governor Reza Baqir said that Pakistan’s talks with the IMF are moving forward in a positive manner.

Baqir’s statement came shortly after IMF Director of the Middle East and Central Asia Department Jihad Azour had said that talks between Pakistan and the IMF on the $6 billion Extended Fund Facility (EFF) are progressing in a “very good” manner.