Pakistan to start talks with IMF today

Islamabad, November 06 (Online): Pakistan to begin talks with the International Monetary Fund on Wednesday over International Monetary Fund (IMF) bailout to help end a spiralling current account crisis.

IMF delegation is headed by Harald Finger, will stay in Pakistan till November 20, and would finalize the conditions for loan.
Ministry of Finance, State Bank of Pakistan (SBP), Federal Bureau of Pakistan (FBR) and other institutions officials would participate in talks with IMF.
It is expected that IMF would be briefed regarding taxation schemes and crackdown against tax evaders.
In case of successful talks, Pakistan can avail 6 to $8b loan.

 

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