The International Monetary Fund (IMF) is set to visit Pakistan, with negotiations scheduled to commence from March 14.
The mission aims to evaluate Pakistan's ongoing economic program, with significant implications for the nation's fiscal landscape.
Under the leadership of Finance Minister Muhammad Aurangzeb, the Ministry of Finance convened a pivotal meeting to scrutinize the progress achieved thus far and fine-tune preparations for the imminent discussions with the IMF Review Mission.
Sources within the Finance Ministry disclosed that negotiations are slated to span from March 14 to 18, with the release of a substantial installment—amounting to a staggering one billion and 10 million dollars—hanging in the balance pending the outcome of the deliberations.
Additionally, the forthcoming loan program is expected to headline the agenda during the IMF's visit.
Key stakeholders from various sectors of the economy are poised to engage in talks with the IMF delegation. Notable participants include representatives from the Ministry of Energy, Federal Board of Revenue (FBR), State Bank, Planning Commission, and Petroleum Division, among others.
The discussions are anticipated to center on a comprehensive economic assessment, offering insights into Pakistan's fiscal health and mapping out strategic pathways for sustainable growth.
The arrival of the IMF review mission underscores the critical juncture at which Pakistan finds itself, with stakeholders eagerly awaiting the outcome of the negotiations to chart the course for the nation's economic trajectory.