IMF Team to Arrive in Pakistan Next Week
An International Monetary Fund (IMF) delegation will visit Pakistan on September 23 for the next review under the ongoing program. … Read More The post IMF Team to Arrive in Pakistan Next Week appeared first on ProPakistani .
An International Monetary Fund (IMF) delegation will arrive in Pakistan on September 23 to conduct the subsequent review under the existing program. The IMF team will remain in the country for a duration of approximately two weeks, engaging in discussions with officials from the Ministry of Finance and the Federal Board of Revenue.
The primary focus of these conversations will encompass Pakistan's economic performance up to June 2026, as well as the new economic targets and conditions anticipated to be imposed by the IMF for the ongoing fiscal year. Additionally, the IMF mission will address the circular debt within the power sector, inflation rates, the policy interest rate, and foreign exchange reserves during the review process.
Furthermore, the progress of the government's privatization program will undergo assessment as part of the deliberations, according to sources.
The forthcoming talks will evaluate Pakistan's advancement within the IMF program and determine the economic targets and conditions to be adhered to during the current fiscal year. Presently, Pakistan is under a 37-month Extended Fund Facility (EFF) program, which was approved by the IMF in September 2024, amounting to roughly $7 billion in financing.
The program aims to uphold macroeconomic stability, bolster public finances and tax collection, replenish foreign exchange reserves, enhance the energy sector, reform state-owned enterprises, and facilitate structural reforms.
This information was originally published on ProPakistani.
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