Pakistan is closing at the end of the staff level agreement (SLA) with the International Monetary Fund, with officials hope that a deal could be finalized during Finance Minister Mohammad Aurangzeb’s visit to the United States.
The contract, which will open about $ 1.2 billion financing, will verify the country’s external account agreement and confirm the flood damage and their financial impact.
The IMF has already shared a draft memorandum of economic and financial policies with Pakistani authorities (MEFP) with Pakistani authorities after two weeks of talks in Islamabad and Karachi.
Dawn reports, “We were in relation to finalizing the slot, but more adjustments need to be part of the MEFP in the two major tables,” Dawn added, adding that recent data on foreign remittances has strengthened Pakistan’s position.
It is expected that the State Bank of Pakistan will maintain a careful monetary policy stance during permanent inflation, while a final review of the flood damage is pending. The IMF Mission, under the leadership of Secretary Dr. Fakhri Alam Irfan, praised the Power Division, exceeding the performance goals, but warned that timely tariff adjustments and corrective measures were necessary for the sector sector sector sector.
The government is under pressure to ensure the immediate supply of committed subsidy, including the payment of wounded or comfortable consumer bills in the flood -hit districts. Provincial governments also have to meet additional cash goals, which are expected to keep the financial policy strict and development costs in the flood -hit areas.
The Federal Board of Revenue is preparing to review its target of collecting its taxes, which will implement new measures by January 2026 to overcome further shortcomings.
It is expected that these issues will be resolved during the upcoming annual meetings of the IMF World Bank, where the delegation headed by the Finance Minister, the Governor of the Central Bank, and the Chairman of the FBR will try to finalize the agreement. Officials say the measurement of public debt, including interest rates and maturity, rain within the target.