Staff Report
ISLAMABAD: The International Monetary Fund (IMF) team will land in Pakistan tonight for the 9th economic review, which will pave the way for the much-needed next tranche of $1.1 billion.
The international monitory body team will stay in Pakistan for ten days.
During the visit, the IMF mission will be briefed about the country’s economic performance during the second half of 2022.
Besides this, the situation arising from the $30 billion losses incurred by the recent climate-induced floods will also be conveyed to IMF.
IMF team to review Pakistan’s tax revenue and exchange rate conditions
The government will apprise the IMF delegation of the actions taken for tax revenue and exchange rate conditions.
Besides this, reforms in the energy sector and measures taken to squeeze the current account deficit will also come under discussion.
The IMF team will also communicate about the privatization program’s progress.
