Geo Business

No need of IMF programme immediately: Hafeez

ISLAMABAD: Finance Minister Dr Abdul Hafeez Shaikh has said that Pakistan doesn't need IMF programme immediately and that it can pay IMF installments, Geo News reported. Talking to media here, the finance minister said whether Pakistan remains in IMF programme or not it would continue economic and energy reforms. He said Pakistan needs such reforms, adding that further Rs300 billion reforms would be made. Dr Hafeez Shaikh said Pakistan would return $1.2 billion loan of IMF this year. He added that economy is able to return the loans.