ISLAMABAD: Negotiations between Pakistan and the International Monetary Fund (IMF) for the review of the $7 billion loan program will commence today.
According to details, the successful talks could lead to the release of the next $1 billion tranche for Pakistan by the IMF.
The economic review discussions will continue until March 15 and will be conducted in two phases, the first focusing on technical aspects and the second on policy-level negotiations.
The negotiations will involve the Ministry of Finance, Ministry of Energy, Planning Commission, State Bank of Pakistan, FBR, OGRA, NEPRA, and other key institutions.
Additionally, separate meetings will be held with representatives from Punjab, Sindh, Khyber Pakhtunkhwa, and Baluchistan.
Sources reveal that a nine-member IMF delegation, led by Nathan Porter, will stay in Pakistan for nearly two weeks and will also provide recommendations for the federal budget 2025-26.
The sources added. If an agreement is reached between IMF and Pakistan, the salaried class may receive some relief.