IMF Review Tied to Governance

IMF review tied to governance

The implementation of the Governance and Corruption Diagnostic report and the National Fiscal Pact will top the agenda of the upcoming International Monetary Fund (IMF) review talks for the release of the next loan tranches worth $1.2 billion. The global lender's continued focus on areas that, until a few years ago, were dealt with by non-financial institutions underscores that it now attaches equal importance to areas considered the root causes…

IMF team due on 26th for review, budget talks

ISLAMABAD: An Inte­r­national Monetary Fund (IMF) mission led by Iva Petrova is due to visit Pakistan on Feb 26 to review implementation of the $7 billion Extended Fund Facility (EFF) and the $1.1bn Resilience and Sustainability Facility (RSF), officials said. During the almost two-week visit ending March 11, the engagements would be of greater significance as both sides would also discuss budget proposals based on performance this year and set …

Pakistan set to meet almost all IMF QPCs ahead of February review: Topline

Pakistan is likely to meet nearly all seven Quantitative Performance Criteria (QPCs) set under its ongoing International Monetary Fund (IMF) programme, strengthening its position ahead of the Fund’s upcoming review later this month. “As per our calculation, Pakistan is likely to meet nearly all 7 QPCs; however, data for one indicator is not known yet, which was missed in the last review (floor on targeted cash transfer) by Rs1 billion only,” sai…