"Work continues towards completing the remaining structural benchmarks for end-September," the IMF reported last week.
IMF directors and senior officials have appreciated the robust take-off on the programme commitments by the government.
"Significant progress has been made in improving the AML/CFT framework; additional work is needed before March 2020."
Tells govt to meet revenue target, cut circular debt.
The IMF mission, however, shows its satisfaction over the government’s macroeconomic policies.
Dr Abdul Hafeez Shaikh is expected to join the negotiations on Wednesday for the concluding round.
Proposes single tax base to help create an enabling business environment.
Asks Fund to allow issuance of sovereign guarantees to raise over $4bn through bonds.
Visiting IMF team will brief parliament on the economy.
Mission to visit Islamabad by month end for first review, says Fund’s director.
Fund expects inflation in Pakistan to decline in coming months.
Recommends five-year tenure for the position of State Bank governor.
The IMF director for Middle East and Central Asia notes that the programme is "headed in the right direction".
Schedule includes meetings with govt, regulators, SBP and MNAs.
Gerry Rice says IMF's managing director had emphasised this in an earlier meeting with Prime Minister Imran Khan.
Coming Fund team visit is routine, not a ‘review’.
Devaluation, inflation, high interest rates and all the medicine the doctor ordered are now in full swing.
IMF programmes typically suffer from design deficiencies.
Fund’s representative says Pakistan has developed programme for stable economy.
Says FATF, provincial spending behaviours, govt’s insufficient parliamentary strength key risks to $6bn bailout.
The prime minister took arguably the most difficult decision of his career.
David Lipton says IMF, other international partners working closely with Pakistani government.
Official says FATF ‘grey listing’ can jeopardise projected private capital inflows.
The evolution and vector of economic crises are fairly ‘typical’.
The meeting is also set to receive briefings on other issues such as progress in the second stage of FTA with China.
There is no official word from China on the apparent slow pace of CPEC projects.
This financial year will be the worst in over a decade in terms of how it affects the working people of Pakistan.
Reza Baqir notes that cynicism is the biggest risk Pakistan faces at the moment.
The headwinds facing the government are about to get very intense indeed.
Fund’s staff report on $6bn bailout highlights risks to reform programme are higher than usual.