Islamabad: A delegation from the International Monetary Fund (IMF) has arrived in Pakistan to review the implementation of loan conditions.

According to sources, an introductory session was held between the IMF delegation and officials from the Ministry of Finance. However, economic review talks officially commenced at a private hotel in Islamabad and will continue until March 15.

Sources indicate that the discussions will be conducted in two phases: the first focusing on technical aspects and the second on policy-level negotiations. The IMF delegation will also provide recommendations for the upcoming fiscal year 2025-26 budget.

Additionally, the delegation will hold discussions with the Ministry of Finance, Ministry of Energy, Planning Commission, State Bank of Pakistan, Federal Board of Revenue (FBR), Oil and Gas Regulatory Authority (OGRA), National Electric Power Regulatory Authority (NEPRA), and other relevant institutions. Separate negotiations will also take place with representatives from Punjab, Sindh, Khyber Pakhtunkhwa, and Balochistan.

According to sources, Pakistan has presented its mid-year performance report for the current fiscal year to the IMF and provided an initial briefing on the achievement of budget targets.