Sources indicate that negotiations between IMF delegations and Pakistan's newly elected government are imminent for the final economic review.
The delegation is expected to arrive after the establishment of the new government to discuss the last tranche of $1.10 billion from the current $3 billion loan program.
Despite the caretaker government's fulfillment of IMF targets, sources suggest that the delegation is not inclined to negotiate with them.
The caretaker government's performance is noted to have facilitated communication for the incoming elected government.
Fresh talks with the IMF are anticipated to occur in late February or early March, as per sources from the finance ministry.
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Pakistan secures $700 million from IMF in standby agreement
Pakistan receives next installment of $700m from IMF
Earlier, Pakistan received the next installment of $700 million from the International Monetary Fund (IMF). The IMF's Executive Board approved the economic review last week.
Under the $3 billion standby arrangement with the IMF, Pakistan has received the next installment of $705.6 million from the global lender.
State Bank of Pakistan officials confirmed receiving the amount to Samaa TV. The amount released to Pakistan will be $1.9 billion, the officials said, adding that after the last economic review, Pakistan will get another $1.1 billion.
The central bank confirmed that this disbursement will be reflected in SBP reserves for the week ending on January 19.
On January 11, in a welcome sign, the Executive Board of the International Monetary Fund (IMF) gave its nod for the initial economic assessment of Pakistan, paving the way for the release of the next instalment of $700 million to Pakistan, as confirmed by the Ministry of Finance.
The approved amount is part of the standby arrangement totalling $3 billion between Pakistan and the IMF. Notably, Pakistan has already received $1.2 billion under this nine-month program.
The latest approval signals a continued financial partnership, with an additional $1.1 billion set to be disbursed upon the completion of the last economic review.
The IMF program has been crucial in helping Pakistan stabilize its economy after a period of turmoil. The country's foreign exchange reserves have increased significantly, inflation has come down, and the budget deficit has been reduced.
