High level IMF Mission arrived in Pakistan for important talks

High level IMF Mission arrived in Pakistan for important talks

ISLAMABAD –A High level International Monetary Fund Mission has arrived in Pakistan for important talks with the government of Pakistan.

The International Monetary Fund’s (IMF) technical mission arrived in Pakistan on Monday. IMF technical mission led by Director of the Middle East and Central Asia Department Jihad Azour has been arrived in Islamabad. The mission held a unofficial meeting with the officials of Ministry of Finance.

Both the sides exchanged views on the current economic situation of the county. The IMF technical mission will hold meetings with Prime Minister Imran Khan and Adviser to the Prime Minister on Finance Dr Abdul Hafeez Shaikh tomorrow.

The mission hold discussions with Pakistani authorities on fiscal issues, suggest ways to cut the fiscal deficit, and review the reason of a shortfall in tax collection in the first two months of the current fiscal year.

They said the IMF team will put forward suggestions for economic reforms and reducing losses in the energy sector.