Negotiations between the IMF and Pakistan will begin tomorrow, as reported by national media, citing sources on Sunday.
According to a report, sources say that the discussions will focus on the review of the existing $7 billion loan program, and upon successful negotiations, Pakistan will receive a $1 billion installment.
The IMF’s economic review talks will continue until March 15, with the first phase covering technical discussions and the second phase focusing on policy-level negotiations. The IMF delegation will also provide budget proposals for the fiscal year 2025-26.
Relief for the salaried class will depend on the IMF’s approval. The negotiations will involve the Ministry of Finance, the Ministry of Energy, the State Bank, the FBR, OGRA, NEPRA, and other relevant institutions and ministries.
According to sources, separate negotiations will be held with Punjab, Sindh, Khyber Pakhtunkhwa, and Balochistan. The nine-member IMF delegation, led by Nathan Porter, will stay in Pakistan for about two weeks.