Pakistan IMF Talks: Govt Sets New Relief Priorities
Pakistan IMF Talks move forward as the government sets new priorities for upcoming negotiations with the International Monetary Fund (IMF).
Officials start preparations for the third economic review between Pakistan and the IMF. Sources say the IMF review mission will visit Pakistan next month. If authorities complete the review successfully, Pakistan will receive the next installment of one billion dollars under the loan program.
The government plans to seek relief for the public, the salaried class, and the industrial sector. Authorities will raise these points directly during talks with the IMF. The prime minister directs officials to define new priorities for these negotiations.
Read Also: 3 Trillion Dollar Economy by 2047: Aurangzeb’s Warning
Siurces say a delegation led by the prime minister also discusses the matter with the IMF Managing Director. The prime minister asks for formal proposals within the next two weeks to secure relief from the IMF. He instructs officials to present strong and practical recommendations to convince the IMF.
Authorities also focus on reducing difficulties faced by the industrial sector. Officials request relief-related proposals to support industrial recovery. Teams begin work on a clear strategy to obtain relief for industries during IMF negotiations.
The government plans to present an economic growth plan during the talks. The IMF Managing Director assures full cooperation while Pakistan remains in the loan program.
As an alternative to relief measures, officials seek proposals to expand the tax net. Authorities direct the Federal Board of Revenue (FBR) to increase tax collection from other sources during the current fiscal year.
These steps show how Pakistan IMF Talks now center on balancing public relief with economic reforms while meeting IMF program conditions.