Islamabad: On October 4, the International Monetary Fund (IMF) and Pakistan will meet to discuss the disbursement of a $1 billion loan tranche.
According to local media reports, the Parliament would debate an increase in energy tariffs, a review of Pakistan’s economic health under Article-IV, and the adoption of the State Bank of Pakistan (SBP) Amendment Bill 2021.
If the talks are successful, Pakistan will get $1 billion from the IMF under the $6 billion programme, which is set to expire in September next year as planned.
As a result of disagreements between Pakistan and the IMF in June over raising power prices and levying more taxes, the 6th review could not be completed. Furthermore, the IMF Board meeting set for July 7 was postponed because Pakistan refused to accept their terms.