Pakistan and the International Monetary Fund began a fresh round of talks on Monday, with Finance Minister Muhammad Aurangzeb holding an opening meeting with the visiting IMF mission.
During the meeting, Aurangzeb briefed the IMF delegation on recent progress in Pakistan’s economic indicators and the government’s reform efforts, according to officials familiar with the discussions.
The talks were attended by Finance Secretary Imdad Ullah Bosal and State Bank of Pakistan Governor Jameel Ahmad, along with the IMF mission chief and the Fund’s resident representative in Pakistan.
Officials said four to five separate sessions are scheduled for the day, covering a broad review of Pakistan’s economic performance in the first half of the current fiscal year.
The IMF is expected to assess fiscal outcomes for the July–December period, including revenue collection and expenditure trends. Discussions will also include the budget outlook for the remainder of the fiscal year and an evaluation of the economic impact of recent floods.
The government is set to share its expenditure prioritization plan with the Fund and explain the reasons behind any shortfall in tax collection targets. Authorities will also brief the IMF on performance in sales and income tax collection, and provide an update on Pakistan’s external debt position and financing requirements.
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