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Pakistan likely to hold crucial talks with IMF next week

The Daily Guardian

|

March 07, 2024

The Pakistan ministry of Finance is expected to hold crucial talks with the International Monetary Fund (IMF) review mission of the USD 3 billion Standby Arrangement (SBA) programme, from next week, as reported by The News International.

A formal invitation will be sent to the Washingtonbased lender soon after the formation and oath-taking of the federal cabinet.

Reportedly, soon after the cabinet formation, the IMF team would arrive in Islamabad to kick-start talks for the completion of the second review under the USD 3 billion SBA programme. Moreover, Pakistan would also request a fresh deal under 36-month Extended Fund Facility (EFF), according to The News International.

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