Islamabad :
Negotiations are underway with Pakistan’s IMF to secure a 1 billion $ loan installment in Islamabad and these talks are likely to continue till this week. IMF officials will also review the revolving loan in the energy sector.
According to details, talks are underway between Pakistan and the IMF for a 1 billion $ loan. Sources in the Ministry of Finance said that the sixth and seventh rounds of talks have started with the IMF officials. Are
Sources said that the IMF officials will review the economic targets during the current financial year and the tax targets and economic growth in the budget will be reviewed. The IMF will brief officials on the economic situation.
It is to be noted that the talks with the IMF officials will continue till this week. The IMF officials will also review the revolving loan of the energy sector. Remember that the 6 6 billion loan agreement between Pakistan and the IMF was stalled.