A delegation of the International Monetary Fund (IMF) arrived in Pakistan on Monday to review the country’s economy and give suggestions for the upcoming budget.
As per reports, the nine-member delegation will meet with Ministry of Finance officials today for economic review talks which will continue until March 15. In the first phase, technical and policy-level talks will be held, and in the second phase, policy-level talks will be held.
The IMF delegation will also give suggestions for the budget for the next fiscal year 2025-26, sources familiar with the delegation’s agenda said. In addition tothe Finance Ministry, the IMF representatives will also hold meetings with officials of the Ministry of Energy, the Ministry of Planning and Development, and the State Bank of Pakistan (SBP).
Talks will also be held with other institutions including the Federal Board of Revenue (FBR), Oil & Gas Regulatory Authority (OGRA), and National Electric Power Regulatory Authority (NEPRA) among others. Separate talks will be held with the provincial governments of Punjab, Khyber Pakhtunkhwa, Sindh and Balochistan, sources said.
Pakistan is expected to present a compliance report on the conditions of the $7 billion bailout program, covering the first half of the current fiscal year.
