Federal Finance Minister Ishaq Dar Thursday said the staff-level agreement with International Monetary Fund (IMF) is expected to be finalized next week.
According to the 24News HD TV channel, the finance minister told the media on Thursday that negotiations with the IMF are about to end as discussions with the IMF are proceeding positively.
Ishaq Dar said economic indicators are gradually moving in the right direction but some anti-state elements are spreading rumours of the default of Pakistan which is baseless and contrary to the facts.
He confirmed that the State Bank of Pakistan's (SBP) foreign exchange reserves have increased by one billion dollars and foreign commercial banks have started providing facilities to Pakistan.

Reporter: Waqas Azeem