Pakistan has achieved 25 out of 26 targets set by the International Monetary Fund for a second review, sources said on Thursday.
According to a report compiled by the finance ministry, Pakistan has achieved 25 targets of the international lender, the sources said and added that a report has been dispatched to the IMF.
The condition set by the IMF not to take loans from the SBP was fulfilled, while the payment of the international loans was also made on time.
Tax refunds and power sector pending payments were also made on time by Pakistan, the report said. The condition not to give tax amnesty and exemption was also met.
The condition to jack up electricity and gas prices was also met. Pakistan is optimistic about completing the remaining target before the IMF team arrives in Islamabad, the sources said.
