Negotiations have begun between Pakistan and the IMF for a 1 billion dollar loan. The online talks will be attended by Secretary Finance, Chairman FBR, and the International Monetary Fund officials. In addition, the economic targets for the current financial year, revolving credit of the energy sector, will be reviewed.
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According to sources in the finance ministry, the talks will also review tax targets and economic growth. At the same time, chairman FBR and IMF officials will be briefed on revenue targets while the finance ministry secretary will report on the financial situation. Talks with IMF officials will continue this week.
It should be noted that the 6 billion dollar loan agreement between Pakistan and the IMF was stalled.
