10th review talks with IMF next week

ISLAMABAD: Finance Minister Mohammad Ishaq Dar will leave for Dubai on Monday to participate in the 10th review talks between Pakistan and International Monetary Fund.


The policy level talks will be held from the next week in which Finance Minister Ishaq Dar will lead Pakistani delegation and Herald Finger will lead the IMF team.

According to sources, Pakistan’s capacity to repay the Fund has been strengthened by supportive policies, improved foreign exchange buffers on the back of strong remittances and low oil prices, and a lower budget deficit.

Recommendations will also be made for releasing 11th tranche of 500 million dollar loan to Pakistan after the conclusion of successful talks.