Pakistan-IMF

Says new deal to succeed SBA expiring in March key to country’s credit profile

Its approval will disburse $700m tranche to country

IMF is almost convinced and is gearing up to dole out the second tranche

Staff-level agreement between Pakistan, Fund reached on first review of $3 billion bailout

Rejects fiscal numbers; govt proposes 40% tax on banks’ windfall profits

Govt seeks assistance over and above current IMF programme

Explains risks to target from stronger rupee coupled with low imports

Global lender’s review team will land in country on Nov 2 for $700m installment

Discussions to be held on plan to reduce expenses, suspending officer recruitment

Pakistan has been discussing outsourcing operations of several of its state-owned assets to outside companies

Urges Pakistan to continue working with IMF toward macroeconomic reforms, sustainable economic recovery

Board likely to approve issuance of first installment of $1.1 billion under $3 billion loan agreement

Pakistan has been the ‘most loyal customer’ of IMF as it has approached global lender a whopping 23 times in 75 years

IMF mission briefed on economic policies as Dar stresses govt's resolve to reach an agreement

Foreign lender mission to arrive next week

FBR chief hints at increasing income tax rates for upper middle income to rich groups

Miftah Ismail, Aisha Ghous Pasha among others join talks virtually

If negotiations prove successful, Pakistan could receive $1b tranche

Finance adviser says as part of agreement with IMF, govt will increase taxes worth Rs365b on fuel