Final rounds of talks between Pakistan and IMF team start today
IMF team will hold negotiations on reforms in pensions, monetary policy, asset declaration of officers and fiscal operations; The delegation will also hold talks with provinces on fiscal operation, debt and commodity scheme, expenditure on health, education
By News Desk
March 18, 2024 10:59 AM
The final rounds of talks between IMF Mission team and the officials of various departments including Finance Ministry will be held on Monday and in case the negotiations remain incomplete, brief session of mutual talks will be held on Tuesday, reported 24NewsHD TV channel.
According to sources, IMF team will hold negotiations on reforms in pensions, wages, climate financing, monetary policy, forex market and the upcoming budget, asset declaration of officers and fiscal operations.
The teams will also hold talks on government expenditure, revenue challenges, institutional reforms, real estate sector, anti-money laundering and other issues.
The IMF delegation will hold talks with the provinces on fiscal operation, debt and commodity scheme, while expenditure on health and education as well as revenue measures will be deliberated upon.
Discussions on forex market, changes in budget process, institutional reforms are also among the points.
The IMF delegation has expressed its displeasure over the slow institutional reforms process.
After the conclusion of talks, IMF Executive Board will approve last tranche of $1.1 dollar laon for Pakistan.
Meanwhile, Pakistan’s Finance Minister M Aurangzeb will attended annual spring session of IMF and World Bank which will be held in Washington on April 14.
During the session, Pakistan will formally request for next IMF programme worth $8 billion.
Reporter: Waqas Azeem