IMF mission likely to arrive on 23rd
ISLAMABAD: An International Monetary Fund (IMF) staff mission is likely to visit Pakistan on September 23 to conduct discussions on the fourth review under the Extended Fund Facility (EFF) programme and the third review under the Resilience and Sustainability Facility (RSF). Minister of State for Finance Bilal Azhar Kiyani during informal talks with media here on Thursday hinted that IMF mission…
The International Monetary Fund (IMF) staff mission is set to visit Pakistan on September 23 to discuss the fourth review under the Extended Fund Facility (EFF) programme and the third review under the Resilience and Sustainability Facility (RSF). The mission will conduct a comprehensive assessment of Pakistan's economy and initiate negotiations for the release of the next tranche under the EFF, as well as RSF.
The discussions will encompass various aspects, including tax collection, reforms in the energy sector, privatisation progress, and governance measures. Once the staff level agreement (SLA) is reached between IMF staff and Pakistani authorities, Pakistan will gain access to approximately USD 1 billion under the EFF and USD 200 million under the RSF.
The mission is expected to commence in Karachi with officials from the State Bank of Pakistan before proceeding to Islamabad for talks with the government's economic team.
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