Prime Minister Shehbaz Sharif said on Tuesday his government was working on implementing conditions from the International Monetary Fund (IMF) to complete its loan programme, which he hoped would be the country’s last.

Pakistan in July struck an agreement with the IMF for a $7 billion, 37-month loan programme.

Previously, the premier had emphasised on the “long and difficult journey” Pakistan needed to embark on to prevent knocking on the doors of the Fund again.

The programme, which needs to be approved by the IMF’s Executive Board, should enable Pakistan to “cement macroeconomic stability and create conditions for stronger, more inclusive and resilient growth,” the IMF had said in a statement.

Coming to Pakistan in the form of loans, the bailout follows a commitment by the government to implement reforms, including a major effort to broad­­en the country’s tax base.