IMF team to visit Pakistan by January end for talks on 9th review: official

Updated: KSHVID NEWS

Islamabad : As Pakistan restored market-based exchange rate, the IMF on Thursday announced that its delegation will visit the cash-strapped country next week to pave the way for the release of the next tranche of its assistance package.

Pakistan entered a USD 6 billion International Monetary Fund (IMF) programme during Imran Khan’s government in 2019, which was increased to USD 7 billion last year. The programme’s ninth review is currently pending with talks being held between IMF officials and the government for the release of USD 1.18 billion.

According to official sources, the IMF team would be in Islamabad from January 31 to February 9 to hold talks with the officials over the implementation of its conditions attached with the assistance package.