The IMF provided the Pakistani authorities the Mailing Policy Project for Economic and Financial Policy (MEFP) to help build a consensus.
This decision could open the way to reach a personnel agreement under the $ 7 billion (EFF).
According to sources, certain rescue measures are taken into account for the construction and real estate sectors. However, it remains to decide whether these rescue measures will be implemented immediately or included in the upcoming budget.
It should be noted that the negotiations between Pakistan and the IMF have ended without final agreement, and an agreement at the staff level remains essential before the release of a billion dollars.
Meanwhile, the IMF has imposed strict conditions for financial discipline, Express News reported.
Sources indicate that the Federal Board of Return (FBR) has not achieved its target of tax collection, which caused discounts of expenses and additional measures to reach a primary surplus. The IMF also proposed to reduce the prices of electricity and maintain the oil withdrawal to Rs 70 per liter.
In addition, the IMF asked how the government plans to treat the circular debt, as the previous transversal models have failed in the past. In response, the government has presented a six -year plan aimed at eliminating circular debt in the energy sector.
According to sources, if the IMF approves the project, the Pakistani government should receive financial relief.
Earlier, the IMF mission returned to Washington without reaching an agreement at the level of staff with Pakistan for the release of more than a billion dollars contrasts, but it said that “significant progress” had been made during the talks to conclude an agreement.
One day after the end of the first discussions on the journal, the IMF published a press release which recognized the “strong implementation” of the program. But he was short of the announcement of the staff level agreement, which is essential to maintain economic stability in Pakistan.
