A nine-member team of the International Monetary Fund (IMF) will visit Pakistan next week and during its two-week-long stay in the country will review the $7 billion Extended Fund Facility (EFF) program.
As per media reports, the team is anticipated to arrive in Pakistan on March 3 for the inaugural review of the $7 EFF) program.
The initial phase of their visit will focus on technical discussions, which will subsequently be followed by policy-level negotiations in the second phase. It is likely that the budget for the fiscal year 2025-26, currently under formulation, will be subject to review.
During their tenure in Pakistan, the IMF team is scheduled to conduct meetings with various government bodies, including the Ministry of Finance, Ministry of Energy, Planning Commission, State Bank of Pakistan (SBP), Federal Board of Revenue (FBR), Oil and Gas Regulatory Authority (OGRA), and the National Electric Power Regulatory Authority (NEPRA). Furthermore, separate discussions will also take place with representatives from the provincial governments of Punjab, Sindh, Khyber Pakhtunkhwa, and Balochistan.