IMF continues engagement with Pakistan for board meeting before current program expires at June end

This handout photograph released by Pakistan Press Information Department (PID) on January 31, 2023, shows Pakistan’s Finance Minister Ishaq Dar (L) meeting with a International Monetary Fund (IMF) review mission led by IMF mission official Nathan Porter (2R) at the Finance Ministry in Islamabad. (Photo courtesy: PID/File)
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Updated 30 May 2023
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IMF continues engagement with Pakistan for board meeting before current program expires at June end

  • A staff-level agreement between Pakistan and the IMF remains delayed since November
  • Pakistan, desperate to shore up foreign exchange reserves, is looking to revive stalled loan

KARACHI: The International Monetary Fund (IMF) continues engagement with the Pakistani authorities to pave the way for a board meeting before the current program expires at end of June, the IMF mission chief for Pakistan said.

A staff-level agreement on the review has been delayed since November, with more than 100 days passed since the last staff level mission to Pakistan, the longest such delay since at least 2008.


Pakistan warns of landslides, avalanche in hilly areas, urges caution

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Pakistan warns of landslides, avalanche in hilly areas, urges caution

  • At least nine people were killed when an avalanche struck a house in Chitral district this week
  • Heavy snowfall may trigger road closures in several areas from Jan. 26 to 27, Met Office says

ISLAMABAD: The Pakistan Meteorological Department (PMD) on Sunday warned of possible landslides and avalanches in hilly regions in the country’s north, urging residents, travelers and tourists to exercise caution.

Cloudy weather with intermittent rain, thunderstorm and snowfall is expected in Khyber Pakhtunkhwa (KP), Azad Kashmir, Gilgit-Baltistan, Balochistan and upper Punjab, while heavy rain with moderate to intense snowfall are likely in hilly areas on Jan. 26-27. Rain or thunderstorms are also likely in southern Punjab and upper Sindh during this period.

Heavy snowfall may cause road closure, slippery conditions in Naran, Kaghan, Dir, Swat, Kalam, Chitral, Kohistan, Mansehra, Abbottabad, Shangla, Astore, Hunza, Skardu, Murree, Galliyat, Neelum valley, Bagh, Poonch, Haveli, Quetta, Ziarat, Chaman, Pishin, Qilla Abdullah, Qilla Saifullah, Noushki, Harnai and Zhob, according to the PMD.

“[There is a] possibility of the landslides/avalanche in hilly areas of upper Khyber Pakhtunkhwa, Gilgit-Baltistan and [Azad] Kashmir during the period,” the Met Office said in a statement.

“Tourists are advised to remain extra cautious and avoid unnecessary traveling during the forecast period.”

The PMD statement came two days after at least nine people were killed while an injured child was rescued after an avalanche struck a house in KP’s Chitral district, according to officials.

Rescuers evacuated dozens of residents and tourists as heavy snow blocked roads in Khyber, South Waziristan and Swat districts, where authorities cleared routes and provided food, clothing and bedding, the Rescue 1122 service said.

Tens of thousands of tourists flock to Pakistan’s scenic north every winter to witness snowfall, often neglecting warnings from disaster management authorities.

In Jan. 2022, at least 21 people, including children, died after they were stuck in freezing temperatures during a snowstorm in the Pakistani hill station of Murree.