The International Monetary Fund (IMF) review mission has arrived in Karachi to begin technical talks on Pakistan’s $7 billion loan program, a critical step for unlocking the next tranche of funding.
The International Monetary Fund (IMF) review mission reached Pakistan on Friday to start negotiations on the $7 billion loan program aimed at stabilising the country’s struggling economy.
Sources confirmed that the IMF delegation arrived in Karachi and will launch technical discussions with the State Bank of Pakistan today. The mission expected to stay for two weeks, conducting a detailed assessment of Pakistan’s economic performance, budget targets, and the financial impact of recent floods.
Officials said the release of the next tranche under the IMF program will depend on the mission’s findings and Pakistan’s compliance with agreed reforms. A positive review could pave the way for the much-needed disbursement, seen as vital for Pakistan’s foreign reserves and fiscal stability.
According to economic analysts, the stakes of these talks are high because Pakistan wants to ensure financial self-control and at the same time comply with IMF terms. The result of the review will dictate the next installment of the loan and the time, which is a major consideration of market confidence and currency stability.
