Pakistan, IMF’s policy-level talks begins today

Author: Web Desk

ISLAMABAD: Pakistan and the International Monetary Fund (IMF) are expected to hold policy-level meetings which will begin from today (Monday).

According to details, IMF’s senior economist Harald Finger will lead the talks which are scheduled till November 20.

The Pakistani delegation will include secretary finance, chairman federal board of revenue (FBR) and State Bank of Pakistan (SBP) Governor Tariq Bajwa along with others members.

IMF is expected to review the country’s monetary and fiscal policies as well as its monetary needs during the meetings. Moreover, SBP’s financial independence and FBR’s performance will also be reviewed, reports sources.

Pakistan might ask IMF for loans up to $6 billion, according to sources.

On November 7, IMF team arrived in the country as Pakistan approached them in October for loans.

Read more: After much ado, PTI govt decides to approach IMF

Pakistan’s Finance Minister Asad Umar, SBP Governor Tariq Bajwa along with other members met IMF chief Christine Lagarde in Indonesia last month.

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