The International Monetary Fund (IMF) delegation arrived in Pakistan today (Monday) to negotiate with Pakistani authorities during its second quarterly review of the US $6 billion Extended Fund Facility (EFF) in a context shortfall and difficulties related to electricity sector reforms.
The mission would assess the implementation of the economic targets agreed by Pakistan for a $ 6 billion facility. The IMF mission will also meet with the finance advisor, Dr. Abdul Hafeez Sheikh, and the president of the Federal Board of Revenue (FBR), Shabbar Zaidi. The talks would last 11 days.
On the completion of the first review of Pakistan’s economic performance in December, the IMF said Pakistan’s economic reforms program is on track and has started to bear fruit. The world lender said that decisive policy implementation by Pakistani authorities is helping to preserve economic stability.
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03 April, 2020