Pakistan, May 14 -- ISLAMABAD - Pakistan and the International Monetary Fund (IMF) will begin crucial budget talks on Wednesday, May 14, focusing on tax reforms, revenue targets, and economic relief measures. The discussions are scheduled to continue until May 23.

The talks come just days after the IMF approved a $1 billion loan tranche for Pakistan and agreed to a $1.4 billion Resilience and Sustainability Facility (RSF) to support climate resilience. These negotiations will play a key role in shaping Pakistan's federal budget for the next fiscal year.

According to reports, tax-related matters worth Rs400 billion will be a major part of the agenda. Special efforts will be made to convince the IMF to ease the tax burden on the already s...