TRADE & ECONOMY

No requirement in Pakistan programme that interferes with polls: IMF

2023-03-24
No requirement in Pakistan programme that interferes with polls: IMF

It is for the second time in the past four days that the IMF has reproached Pakistan’s claim about meddling in matters that do not fall in the field of the $6.5 billion bailout package, setting the record straight and refusing for the politics to the ruling Pakistan Democratic Movement (PDM).

 

 

In a statement, “There is no requirement under Pakistan's EFF-supported programme which could interfere with Pakistan's ability to undertake constitutional activities,” said Esther Perez Ruiz, the resident representative of the IMF.

 

The statement came a day after the Election Commission of Pakistan postponed elections in Punjab and Khyber-Pakhtunkhwa till October 8.

 

The ECP requires Rs20.5 billion for holding elections in Punjab and K-P. It needs another Rs5 billion for holding by-elections on 93 vacant seats of the National Assembly. In total, the ECP needed Rs25.5 billion, which is not much compared to Rs11.2 trillion reviewed annual budget for this economic year. The needed funds are equal to just 0.18% of the annual budget of the federal government.