An International Monetary Fund (IMF) delegation arrived in Islamabad on Monday to discuss the Extended Fund Facility (EFF) worth $7 billion with Pakistan’s federal government.
Government sources indicated that Pakistan’s team has presented a report detailing its economic targets to the IMF mission, along with an overview of the country’s current economic situation. Federal Finance Minister Muhammad Aurangzeb, along with officials from the Federal Board of Revenue (FBR) and the State Bank of Pakistan (SBP), attended the briefing.
The IMF team will conduct negotiations with key government departments following an in-depth review of the submitted economic report.