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IMF Satisfied with Pakistan’s Economic Targets, Review Talks May Be Virtual

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At a glance

  • The IMF is reportedly satisfied with Pakistan's progress on economic targets.
  • An upcoming economic review may be conducted virtually as a mission visit is unconfirmed.
  • The power sector's circular debt remains a key challenge in discussions.

Story so far

According to finance ministry sources, the International Monetary Fund (IMF) is satisfied with Pakistan's economic performance, particularly after the successful issuance of international bonds. An IMF mission was expected in September for the next economic review, but the visit has not been confirmed, and talks may proceed virtually. Key challenges remain, notably the power sector's circular debt. The government has also begun implementing measures to cut spending as part of its commitments to the fund.

Latest development

The International Monetary Fund (IMF) has expressed satisfaction with Pakistan's progress on its economic targets, though an expected mission visit for the next review remains unconfirmed, suggesting talks may be held virtually.

Sources and updates

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