An International Monetary Fund (IMF) delegation has arrived in Pakistan for loan talks.
According to sources within the Ministry of Finance, the IMF team will review Pakistan’s economic performance and hold talks with relevant ministries.
Sources said that the government already briefed the delegation on its economic goals and achievements during the first quarter of the fiscal year. Key areas of discussion include tax collection, where Pakistan has seen a 96.6% achievement of its tax target from July to September.
The IMF delegation is expected to meet with Minister of State for Finance Muhammad Aurangzeb, Chairman FBR, and State Bank officials to discuss the country’s economic situation and future plans.
Earlier, sources revealed that during the visit, IMF and Pakistani officials will discuss new concessional loans to support climate change initiatives and talks will also cover provincial budgets and their allocation for climate change measures.