Saturday , May 30 2020

Second round of talks: Pak, IMF to engage in policy-level discussion from today

Islamabad: The second round of dialogue will begin from Monday (Today). IMF officials and government will likely engage in policy making discussions.

IMF delegation will be headed by Harald Finger  for policy making talks that will be done till November 20.

Pakistani delegation will be constituted of Secretary Finance, Chairman Federal Board of Revenue (FBR) and State Bank of Pakistan (SBP) and pother officials from committee.

The meetings constituted will also discuss State Bank of Pakistan and Federal Board of Revenue performance. International Monetary Fund will also ensure that fiscal policies of Pakistan will also be kept in mind.

The federal capital recently observed the technical discussion for a possible bailout package. Pakistani officials told IMF that the package will be aimed at the development of the loss-making state owned organizations.

Sources tell the government has reportedly informed IMF that they have planned to privatize seven stated owned organizations.

It is reported that government has completed the paperwork and devised a plan to approve $6 billion IMF bailout package.

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