Miftah says Fund going through "internal approval processes"; insists no more outstanding issues between both sides.
The Sri Lankan turmoil is a classic example of an economy caught in an acute debt trap.
Development comes as Islamabad has taken steps to reduce its expenditure, increase energy prices and improve tax collection.
MoU signing was required for future IMF lending.
Pakistan needs champions of reform, not champions of empty rhetoric.
Miftah says petroleum levy applied to revive stalled IMF programme; country’s fuel consumption jumped 20pc in last two months.
It is crucial that the IMF reconsiders its stance and releases the funds at the earliest to calm uneasy markets.
Additional prior actions include passage of budget as agreed with IMF, ensuring Rs750bn provincial surplus.
Finance Minister Miftah Ismail says there is now no danger of default, vows to bring furniture dealers and builders into tax net.
MEFP contains certain prior actions necessary before IMF board takes up Pakistan's case for approval.
The steps taken by the government are reflective of the extremely sorry state of our economic affairs.
Fixed tax of Rs100 replaced with 2.5pc tax for individuals earning between Rs600,000 and Rs1.2m.
Year ahead is tough economically for a wide majority but an equitable and fair share of burden appears to be unavoidable.
Our political, economic imagination has been stunted by ‘experts’ who claim to be acting on basis of ‘objective’ economic facts.
GDA's Fehmida Mirza protests over exclusion of her party from security briefing.
Sherry Rehman concedes that that the proposed budget for the next year is eventually an IMF budget.
Says National Highway Authority should consult relevant contractor on how to avoid further wastage of public money on the project.
Says agreement with the lender "few days" away but warns that things wouldn't improve overnight even when deal is signed.
Next few months will show how serious govt is about putting in place measures to strengthen country’s debt management outlook.
Opposition stages token walkout over absence of ministers; Sherry says govt has to take tough decisions to break "debt trap".
Lashes out at government's economic policies, says country headed towards "serious economic crisis".
Petroleum levy of Rs5 to be imposed each month, up to Rs50; Rs200bn in provisions for salaries, pensions set aside.
Analyst says sentiment positive on the back of hopes that a staff level agreement with the IMF is close.
The more the agreement with the IMF gets delayed, the more unmanageable the economy will become.
Says revival of EFF likely in "a day or two", promises to protect those with up to Rs1.2m annual earnings from income tax.
Says govt will tax well-to-do citizens but provide relief to the poor.
Sources say US has agreed to help Pakistan negotiate a deal.
Says PTI wants not just elections, but free and fair elections; claims Miftah asked for "relief" from US envoy in Islamabad.
Gap between revenue and expenditure projections of Fund and government persists.
A media report claimed last week the lender asked Pakistan to renegotiate deals before paying Rs300bn to Chinese power plants.