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IMF delegation reaches Pakistan for economic review

MM News Staff by MM News Staff
November 2, 2023

ISLAMABAD: A delegation of the International Monetary Fund (IMF) has reached Pakistan.

According to the sources, the IMF mission includes 8 people who have arrived in Pakistan for economic assessment, 2 people from the IMF office established in the Ministry of Finance will participate in the negotiations, and a total of 10 people will hold talks with the Pakistani economic team until the 15th. will do

For negotiations with the IMF delegation on the economic review, the Ministry of Finance has prepared the performance report of all the ministries and the full implementation and partial implementation reports of the 11 ministries and authorities have also been prepared.

Pakistan and IMF to hold talks on $710 million loan on Nov 2

The IMF mission will meet with the economic team headed by the caretaker Finance Minister Dr. Shamshad Akhtar, after the introductory session technical talks will begin between the parties. Officials According to the Ministry of Finance, the IMF review mission will consist of 8 officials.

Technical talks will include data exchange, followed by policy-level talks on tax reforms, circular debt control, and developments in the energy sector.

Ministry of Finance, FBR, Ministry of Energy, and Ministry of Petroleum have implemented the targets, Benazir Income Support Program, Ministry of Planning, and PPRA have also completed the targets, a $710 million installment on completion of successful economic review with IMF.

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