Pakistan and International Monetary Fund talks under the $3 billion Stand-By Arrangement are likely to commence from March 15.
According to media reports, the country’s newly sworn-in Finance Minister Mohammad Aurangzeb has given the green signal for talks with the IMF for the SBA and a new loan programme.
Islamabad will hold talks with the international lender about the last tranche of $1.1 billion under the SBA programme. Pakistan has already achieved the targets set by the IMF for the second review, the sources said.
They further said Pakistan is likely to request IMF for a $6 to 8 billion fresh loan programme. Finance ministry sources said Islamabad will engage the IMF on the economic targets for the fresh loan programme.
