Islamabad:
A mission of nine members of the International Monetary Fund (IMF) is expected to arrive in Pakistan tomorrow (Monday) for an economic examination before the next $ 1 billion section of a rescue of $ 7 billion approved in August 2023.
According to sources from the Ministry of Finance, the IMF delegation, directed by Nathan Porter, will remain in Pakistan for two weeks until March 15. During this period, he will first hold technical discussions, followed by political negotiations with the Pakistani authorities.
The delegation will also present recommendations for the next budget for the financial year. Any relief of the salaried class will be subject to the approval of the IMF.
The IMF mission will be involved in negotiations with officials from the Ministry of Finance, the Ministry of Energy, the Ministry of Planning and the State Bank of Pakistan.
The discussions will also take place with the Federal Board of Revenue (FBR), the Oil and Gas Regulatory Authority (OGRA), the National Electric Power Regulatory Authority (NEPRA) and other relevant institutions and ministries.
