Finance minister holds virtual talks with IMF mission on economic reviews

Finance Minister Muhammad Aurangzeb attended a kick-off meeting with the International Monetary Fund (IMF) mission, sources said. The mission was led by Ivana Petrova. Talks were held between Pakistan and the IMF on the fourth review under the Extended Fund Facility (EFF).

According to sources, detailed talks were also held with the IMF mission on the third review under the Resilience and Sustainability Facility (RSF). The economic team briefed the IMF delegation on the country’s economic situation. The finance minister informed the delegation of the government’s progress on economic stability and reforms.

The meeting reviewed the targets set under the IMF programme and the progress made so far. Pakistan’s economic performance, fiscal matters and reform measures were also discussed.

Sources said the talks covered the achievement of the IMF programme’s targets and the future course of action. Matters related to economic stability, improved revenues and fiscal discipline were also discussed.

Sources said the IMF mission will continue talks with officials on Pakistan’s economic and financial measures.