IMF delegation to visit Pakistan on Monday, 3 February

A delegation of the International Monetary Fund – IMF is going to be visiting Pakistan tomorrow on Monday, 3rd February, 2020.

The purpose of the visit is to talk about the release of $6 billion Extended Fund Facility (EEF) thid tranche.

The Resident Representative of the IMF for Pakistan Taresa Daban confirmed the news saying that talks will be held with the government till 13 February.

Read more: Babar Iftikhar officially takes over as DG ISPR starting today.

According to Daban, a report will be issued by the review delegation at the end of its visit to Pakistan.

According to sources, the IMF will now be conducting a quarterly review of Pakistan’s economy.

The mission would review performance of different ministries and departments of the government and it will also be reviewing the energy and tax reforms.

Pakistan has so far received the first tranche of loans of $991.4 million from the fund under the $6 billion Extended Fund Facility (EFF) for Pakistan.

The second tranche of $452 million dollars was received last year in December 2019.

Read more: PM Imran to visit Malaysia on 3-4 Feb on PM Mahathir invitation.

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