The IMF examination mission arrived in Pakistan to carry out an economic examination concerning the payment of the next episode of $ 1 billion compared to the bailout package of $ 7 billion.
According to sources from the Ministry of Finance, economic examination negotiations with the International Monetary Fund (IMF) will continue until March 15. In this regard, the first phase will involve technical discussions, while the second phase will focus on political negotiations.
Led by Nathan Porter, the IMF delegation of 9 members will remain in Pakistan for almost two weeks and will also provide proposals for the upcoming budget for the year 2025-2026, Express News reported.
Sources have indicated that the relief of employees will only be possible if the IMF gives its approval. The examination mission will be discussions with the Ministry of Finance, the Ministry of Energy, Planning and the State Bank.
According to sources, the IMF delegation will also hold talks with other institutions and ministries, including FBR, OGRA, NEPRA and others.
Earlier, Pakistan’s Minister of Finance Minister said the IMF would also be a billion dollars in climate funding for Pakistan.
The Minister of Finance Advisor Khurram Schehzad told Reuters that the mission would go from February 24 to 28 for an “examination and discussion” of the financing of climate resilience.
The disbursement will take place within the framework of resilience and Sustainability Trust of the Fund, created in 2022 to provide long -term concession species for climate -related expenses, such as adaptation and transition to cleaner energy.
Pakistan made an official request in October of last year for around $ 1 billion in IMF funding under the trust, in order to cope with the country’s vulnerability to climate change.
The country’s economy is on a long recovery after having been stabilized as part of a prolonged fundraising fund of $ 7 billion which he obtained at the end of last year.
