Talks for resumption of loan program from IMF will start today in Doha for which Pakistani delegation left for Doha.
Negotiations with the IMF, which began today for the resumption of the loan program, will continue till May 25, and if the talks are successful, it will be recommended to release a ارب 1 billion tranche to Pakistan immediately.
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During the talks with IMF officials, the Pakistani delegation will be led by the Secretary Finance while the delegation will include representatives of SBP, FBR and Ministry of Energy. After the technical talks, the Finance Minister will join the policy talks.
The IMF has called for an end to subsidies on petrol, electricity and gas, while the IMF has highlighted the promises made during the talks in Washington, including the complete abolition of subsidies and the FBR. The next budget includes an increase of more than Rs. 1100 billion in the tax collection target.