The IMF mission is in Pakistan for economic review talks with State Bank officials, focusing on foreign exchange reserves and the current account deficit.
Islamabad: (RightNow). The International Monetary Fund (IMF) mission has arrived in Pakistan. The mission is here to conduct economic review talks for the next tranche of the loan program.
Sources indicate that the IMF mission is currently in Karachi. Starting today, the mission will begin discussions with State Bank officials. The initial phase will involve technical negotiations.
State Bank officials will brief the mission on economic performance. Information on foreign exchange reserves, monetary policy, imports, and foreign exchange will also be provided.
Pakistan has achieved its target of maintaining foreign exchange reserves above $17 billion. Technical talks will also address the current account deficit.
It is noteworthy that the IMF delegation will proceed to Islamabad after talks with the central bank. Formal negotiations will commence on September 28, involving officials from various ministries.
