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KARACHI: An International Monetary Fund (IMF) mission will visit Pakistan on Nov. 2 to discuss the first review of the country’s current $3 billion standby arrangement (SBA), the lender’s resident representative said on Tuesday.

The South Asian nation is trying to navigate a tricky path to economic recovery under a caretaker government in the wake of an IMF loan programme, approved in July, that helped avert a sovereign debt default.

Govt braces itself for first review of SBA

Under the programme, Pakistan received $1.2 billion from the IMF as the first tranche in July. “An International Monetary Fund team led by Nathan Porter will field a mission to Pakistan starting in November 2 on the first review under the current Stand-By Arrangement,” the IMF’s resident representative to Pakistan, Esther Perez Ruiz, told Reuters.

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Usman Oct 25, 2023 08:50am
Make it tough IMF.Force the govt to tax the rich and evaluate properties through international standards and tax them and do pension reforms.Release the money part by part as much as the govt acts on its promises.be super strict with the govt.
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Shehzaib Javaid Pasha Oct 25, 2023 09:33am
Govt should tax the Rich and breathing space is inevitable for the middle class to survive otherwise social equilibrium would be skewed. IMF has the potential to ensure that Rich are taxed in Pakistan.
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Tariq Qurashi Oct 25, 2023 12:49pm
The IMF team needs to encourage the government to undertake long overdue corrective measures and reforms before it is too late. Also the IMF needs encourage the government to make sure that basic food is available and is affordable for ordinary people. There is a silent epidemic of malnutrition, starvation and stunting of children which is rapidly getting worse because food is no longer affordable, and the government seems to be doing nothing. I think we have the makings of another Bengal famine on our hands that no one is talking about.
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Johnny Walker Oct 25, 2023 02:26pm
Not one Dollar should be given by IMF. Let the country collapse. Only then will the masses wake up and hang/throw out the corrupt and boots. Rebuild the country after that.
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Shamim Oct 25, 2023 10:11pm
Government should ensure that it does not put additional tax on poor people....
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