The International Monetary Fund (IMF) mission will visit Pakistan on November 2, 2023, to conduct an economic review of the $3 billion stand-by agreement (SBA), according to Esther Pérez Ruiz, the lender’s Resident Representative in Pakistan.
The evaluation is part of a nine-month SBA that was approved in July.
IMF Mission To Visit Pakistan Next Week
The review of the continuing program scheduled for next week is likely to provide a forward-looking policy underpinning for potentially unlocking the remaining bailout.
It will also address domestic and foreign imbalances, as well as provide a framework for financial assistance from multilateral and bilateral partners other than the international lender.
Notably, the lender released a first tranche of $1.2 billion in July. The remaining quota is up for grabs following next week’s meeting.
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