Islamabad, Feb. 25 -- Pakistan is set to begin discussions with the International Monetary Fund (IMF) on the third review of its ongoing loan programme with the global money lender, following the arrival of its delegation in Karachi, said Finance Minister Muhammad Aurangzeb on Wednesday.
Speaking to reporters in Islamabad, Aurangzeb confirmed that formal talks with the IMF team would commence in the federal capital on Monday. According to Aurangzeb, the third review would focus on assessing the country's performance under the programme, including fiscal and structural reform benchmarks.
The review is part of Pakistan's ongoing USD 7bn Extended Fund Facility (EFF), a multi-year arrangement which is aimed at stabilising the economy, strengt...