Pakistan Ministries directed to submit report on IMF goals

The Pakistan government has asked all the Ministries and divisions to submit a report about the implementation of targets set for the first review with the International Monetary Fund (IMF).

With the help of the statistics provided, the Finance Ministry would prepare for talks with the IMF review mission, reports The Express Tribune.

According to the Finance Ministry's letter on Sunday, the four-day talks between Pakistan and IMF on the extended fund facility programme (EFF) would start from Monday.

The IMF staff mission headed by Director for Middle East and Central Asia Jihad Azour will arrive in Islamabad on Monday and leave on September 20.

The IMF mission would exchange views on macroeconomic situation with Pakistani authorities and other relevant stake holders.

A senior Finance Ministry officer told The Express Tribune that since many of the conditions agreed with the IMF could not be fulfilled, Pakistan would try to seek exemption on the standards of performance.

It is expected that the tax collection target of 5.5 trillion Pakistani rupees would also be reviewed.