Islamabad (TDI): The IMF review mission has arrived in Pakistan to conduct an economic review regarding the payment of the next tranche of $1 billion from the $7 billion bailout package.
Economic review negotiations with the International Monetary Fund (IMF) will continue until March 15.
In this regard, the first phase will involve technical negotiations, while the second phase will focus on policy-level discussions.
Led by Nathan Porter, the 9-member IMF delegation will stay in Pakistan for about two weeks and will also provide proposals for the upcoming budget for fiscal year 2025-2026, according to a local news channel.
The review mission will hold meetings with the Ministry of Finance, Ministry of Energy, Planning, and the State Bank officials.
The delegation will also hold discussions with other institutions and ministries, including the FBR, OGRA, NEPRA, and others.
Read More: IMF, Pakistan Begin Talks on $1b Climate Financing
Earlier, Adviser to Finance Minister Khurram Schehzad said that the IMF will also discuss around $1 billion in climate financing for Pakistan.
The disbursement will take place under IMF’s Resilience and Sustainability Trust, established in 2022 to provide long-term concessional cash for climate-related spending like adaptation and transitioning to cleaner energy.
Read More: IMF Mission to Visit Pakistan for $7B Loan Review
Pakistan made a formal request in October 2024 for around $1 billion in funding from the IMF under the trust, to address the country’s vulnerability to climate change.
Pakistan’s economy is on a long path to recovery after being stabilised under a $7 billion IMF Extended Fund Facility it secured late last year.
