Business

IMF delegation to visit Pakistan for two weeks from September 25

According to sources, the International Monetary Fund (IMF) delegation will visit Pakistan from September 25 to October 8, which will last for two weeks.

The first phase of the visit will hold technical talks, while the second phase will be policy-level talks. The delegation will meet with the Ministry of Finance, Ministry of Energy, Planning, State Bank, FBR, OGRA, NEPRA and other regulatory agencies and ministries.

Sources say that the delegation will also hold separate talks with the leadership of Punjab, Sindh, Khyber Pakhtunkhwa and Balochistan to review fiscal policies at the provincial level.

According to sources in the Ministry of Finance, Pakistan is to receive $1.3 billion in the next 28 months under the Climate Financing Agreement. The delegation will also review the progress in this regard.

The IMF mission will recommend whether to release the next tranche or not after analyzing Pakistan’s economy in its report. The final approval for the release of the tranche will be taken from the IMF Executive Board.

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