Pakistan IMF Review Talks Aim at Reforms and $1 Billion Tranche
ISLAMABAD: Pakistan is intensifying preparations for its upcoming IMF review talks under the Extended Fund Facility (EFF) starting September 25. The crucial discussions will determine the release of the next $1 billion tranche from the $7 billion program, of which Pakistan has already received over $2 billion.
Officials confirmed that, despite significant progress, five out of 22 structural benchmarks remain unmet. These include pending privatization measures for electricity distribution companies, which remain a critical sticking point with the IMF.
Another key demand — publishing the “Corruption and Governance Diagnostic Assessment Report” — has yet to be fulfilled, alongside amendments to the State-Owned Enterprises Act, the Sovereign Wealth Fund law, and the redrafting of the Public Finance Management Act.
Sources say the upcoming talks will heavily focus on these pending reforms. Pakistan aims to reassure the IMF of its commitment to structural change to secure continued financial support and demonstrate progress on long-delayed reforms.arynews
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