Washington: The first round of talks between Pakistan delegation led by Federal Finance Minister Dr Abdul Hafeez Shaikh and International Monetary Fund (IMF) over release of next tranche of the Standby Agreement concluded here on Sunday.
According to sources, Pakistani delegation discussed the release of next tranche with IMF.
During the first round of talks, Pakistan faced difficult questions due to bad economic situation in the country.
Pakistani delegation included Secretary Finance, SBP Governor and Deputy Chairman Planning Commission.
Next round of talks would be held on Monday.
Finance Minister Abdul Hafeez Sheikh also met with his Chinese counterpart in Washington. He asked Chinese companies to invest in petroleum sector in Pakistan.
He gave assurance to Chinese finance minister for providing all possible facilities and full support to the companies.
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