The delegation will conduct a second review of Pakistan’s economic situation and share data for January to June 2025.
Islamabad:
Negotiations between Pakistan and the International Monetary Fund (IMF) on the second economic review for the next tranche of $1 billion will begin today, for which a review mission will also arrive in Pakistan tomorrow.
According to sources, the IMF delegation will stay in Pakistan for about two weeks and during this time it will conduct a second review of Pakistan’s economic situation and data for January to June 2025 will be shared in technical talks.
According to officials from the Ministry of Finance, Pakistan has met most of the IMF’s targets, technical and then policy talks will be held and the performance of the first quarter of the current fiscal year will also be discussed.
Finance Minister Muhammad Aurangzeb will also participate in the policy-level talks and the next tranche of $1 billion will be received with the approval of the board on the success of the talks.
Also read: PM demands IMF review of flood impact on Pakistan’s economy
Officials said that $2.1 billion has been received under the program agreed in September 2024, and progress in climate change measures will be reviewed during the visit.
It should be noted that the IMF has approved $1.4 billion under the RSF program and funding for the Climate Financing Program is also subject to the performance of the EFF.
