New Delhi, May 24 (IANS) The International Monetary Fund (IMF) is expected to conduct the next funding review for Pakistan in the second half of 2025.
According to an official IMF statement, it would maintain ongoing discussions with Pakistani authorities to reach an agreement on the 2026 fiscal year budget terms.
“The next mission associated with the next Extended Fund Facility (EFF) and Resilience and Sustainability Facility (RSF) reviews is expected in the second half of 2025,” according to the IMF.
An IMF mission, led by Nathan Porter, has concluded its staff visit, which focused on recent economic developments, programme implementation, and the budget strategy for fiscal year (FY) 2026.
“We held constructive discussions with the authorities on their FY2026 budget proposals and broader economic policy, and reform agenda supported by the 2024 EFF and the 2025 RSF,” said Porter.
The authorities reaffirmed their commitment to fiscal consolidation while safeguarding social and priority expenditures, aiming for a primary surplus of 1.6 per cent of GDP in FY2026, he added.
Discussions also covered ongoing energy sector reforms aimed at improving financial viability and reducing the high-cost structure of Pakistan’s power sector, as well as other structural reforms which will help foster sustainable growth and promote a more level playing field for business and investment, the IMF statement added.
India has said it is “thankful” for the 11 additional conditions imposed by the IMF on Pakistan, while clarifying that it is not opposed to financial assistance meant for genuine developmental purposes.
At the same time, New Delhi has raised serious concerns over the timing of the recent bailout package, suggesting that the funds may have indirectly supported Pakistan’s rising defence spending.
The bailout came when Pakistan was retaliating to India’s Operation Sindoor — a military strike on terror infrastructure in Pakistan and Pakistan-occupied Kashmir (PoK).
India had asked it to reconsider the bailout as Pakistan allows terrorists to use its soil for launching state-sponsored attacks against Indian citizens.
The IMF has imposed 11 new conditions on Pakistan for the release of the next tranche of its bailout package, as the country continues to harbour terrorists.
–IANS
na/svn
Disclaimer
The information contained in this website is for general information purposes only. The information is provided by BhaskarLive.in and while we endeavour to keep the information up to date and correct, we make no representations or warranties of any kind, express or implied, about the completeness, accuracy, reliability, suitability or availability with respect to the website or the information, products, services, or related graphics contained on the website for any purpose. Any reliance you place on such information is therefore strictly at your own risk.
In no event will we be liable for any loss or damage including without limitation, indirect or consequential loss or damage, or any loss or damage whatsoever arising from loss of data or profits arising out of, or in connection with, the use of this website.
Through this website you are able to link to other websites which are not under the control of BhaskarLive.in We have no control over the nature, content and availability of those sites. The inclusion of any links does not necessarily imply a recommendation or endorse the views expressed within them.
Every effort is made to keep the website up and running smoothly. However, BhaskarLive.in takes no responsibility for, and will not be liable for, the website being temporarily unavailable due to technical issues beyond our control.
For any legal details or query please visit original source link given with news or click on Go to Source.
Our translation service aims to offer the most accurate translation possible and we rarely experience any issues with news post. However, as the translation is carried out by third part tool there is a possibility for error to cause the occasional inaccuracy. We therefore require you to accept this disclaimer before confirming any translation news with us.
If you are not willing to accept this disclaimer then we recommend reading news post in its original language.
