Pakistan and the International Monetary Fund (IMF) are expected to conclude review talks this week for the release of the fifth tranche under the ongoing loan program.
IMF mission has expressed satisfaction with the progress made so far during technical-level discussions.
Pakistan’s economic team has also assured the Fund that a new National Finance Commission (NFC) Award will be finalized by December 2026.
Sources told that the Federal Board of Revenue (FBR) has assured the IMF that it will achieve the tax collection target for the current fiscal year. The IMF mission has also expressed satisfaction with FBR’s revenue performance during the July-September quarter.
The IMF mission has stressed continued reforms and measures in the energy sector. During the technical-level talks, the mission reportedly expressed satisfaction with the overall performance of the power sector.
However, the IMF has emphasized further measures to reduce circular debt and losses of power distribution companies (DISCOs), as well as completing steps related to their privatization.
