EconomyQuick read

Pakistan, IMF to begin fourth review talks on September 22

Profit by Pakistan Today • • 1 min read

Pakistan, IMF to begin fourth review talks on September 22

Profit by Pakistan Today reported that discussions on the fourth review of the $7 billion Extended Fund Facility will open on September 22 between Pakistan and the International Monetary Fund. The talks will run alongside Article IV consultations, which had been paused for two years. Sessions will be held in Karachi and Islamabad and are expected to last about two weeks.

IMF Resident Mission Chief Mahir Binci said a Fund mission will travel to Pakistan over the coming weeks, ahead of its next programme assessment and Article IV work. He noted that a review mission typically takes about two weeks. Pakistani officials have also confirmed the review team should reach the country soon.

Before the talks, the government sent the IMF reworked monthly and yearly import statistics, correcting gaps that totalled billions of dollars. The mission will also examine the government's plan to implement the Governance and Corruption Diagnostic Assessment report. Article IV findings will go to the IMF Executive Board and be published together with the programme review report.

At a glance

  • Pakistan and the IMF will begin fourth review talks on September 22.
  • The talks cover the $7 billion EFF and Article IV consultations after a two-year pause.
  • The government has supplied revised import data to the IMF before the discussions.

Originally reported by Profit by Pakistan Today

This page is Investify's own summary. The full report, with all details and context, is on the publisher's site.

Read the full story

Want the full article here?

Log in to read the full article in the Investify reader, in English or Urdu.

Investify summarizes Pakistan Stock Exchange news in its own words and links each story to its original publisher. We always credit the source so you can read the full report and verify the details before making financial decisions.

Built for PSX investors

Business news.Every filing, summarised.

Top stories from Pakistan's business press and key findings from every PSX announcement.

Investify announcement summary with key findings from a PSX filing
Investify app home screen with Pakistan business news and PSX filings