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International Monetary Fund. External Relations Dept.

In a news brief issued on April 28, the IMF Executive Board announced it had reviewed data revisions and misreporting by Pakistan, along with the authorities’ commitment to promptly repurchase [repay] SDR 18.95 million in outstanding debt to the IMF and to voluntarily repurchase another SDR 22 million by May 31, 2000. IMF Deputy Managing Director Eduardo Aninat summarized the discussion. Extracts of his summary follow. The full text of News Brief No. 00/23 is available on the IMF’s website (www.imf.org).