IMF SOS Mission to arrive in Pakistan for important task

IMF SOS Mission to arrive in Pakistan for important task
Shares

ISLAMABAD - International Monetary Fund SOS Mission to arrive in Pakistan for important task over economic situation post IMF bailout package.

International Monetary Fund (IMF) is sending its SOS (Save Our Soul) mission to Pakistan for suggesting ways to the cash-strapped government to curtail the budget deficit being faced by the country.

The IMF expressed concern over Pakistan’s economic performance in the first two months and is sending its SOS mission to Islamabad.

The mission will be vising Pakistan to discuss fiscal issues with special focus to restrict target of primary deficit within the desired limits.

The officials of the ministry of finance and IMF will review the reasons behind the collection of Rs580 billion in pursuance of the tax target of Rs648 billion.

The SOS mission will be headed by IMF’s Middle East and Central Asia Department Director Jihad Azour and the delegation will hold consultation on energy reforms.

Economy