If talks with IMF succeed, last tranche of $1.1bn will be unlocked

ISLAMABAD: The IMF mission and Pakistan’s economic team are in the final stages of discussions for the completion of the second review negotiations, which would unlock the last $1.1 billion tranche under the SBA loan agreement.

With a range of significant topics on the table such as pensions, salaries, climate financing, and monetary policy, both sides are striving to reach agreement on key economic reforms and initiatives. Additionally, there are plans to address asset declarations of officials and conduct negotiations with provinces.

According to sources familiar with the matter, the IMF will engage with provinces on various fronts including fiscal operations, debt management, and commodity schemes.

Furthermore, discussions with provinces will delve into matters concerning fiscal decentralization and regional economic policies.

Emphasis will also be placed on real estate regulations, asset disclosures of officials, and measures to combat money laundering, highlighting the commitment to financial transparency and accountability. Sources indicate that the delegation has agreed on Pakistan’s external financing roadmap in the ongoing talks.

Earlier reports suggested that the Pakistani government had given assurances to the IMF regarding the acceleration of the privatization program.