ISLAMABAD – International Monetary Fund (IMF) hold second round of talkstoday in Islamabad to review strategy to increase power and gas tariff andcircular debt.

After first round of policy level talks which were held on Monday, thegovernment is expected to increase power and gas tariff and tax net.

During the first round, the officials of Finance Ministry and Federal Boardof Revenue (FBR) apprised the IMF delegation on next budget and steps beingtaken to increase tax.

The IMF delegation, led by its chief Herald Finger, kicked off nearly twoweeks talks with Pakistani team on the formal written request of Islamabadfor a possible bailout package, which will be country’s 13th bailout.