The IMF has also urged Pakistan to review its policy of providing locally subsidised gas to fertiliser plants – a policy that diverts resources away from the power sector, which relies on expensive imported gas and contributes to price increases. PHOTO: REUTERS
In the last leg of discussions between Pakistan and the International Monetary Fund (IMF), officials anticipate headway today regarding the disbursement of the final $1.1 billion tranche from the $3 billion standby arrangement.
Ministry of Finance insiders reveal optimism for a staff-level agreement.
Read IMF asks Pakistan to revisit NFC award
Key issues under deliberation during the four-day negotiation period are set to be finalised, paving the way for a draft of the memorandum of economic and financial policies.
During the third day of discussions, the government had committed to bringing the real estate sector into the tax net.
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