Islamabad, September 16: The Pakistan government has asked all the Ministries and divisions to submit a report about the implementation of targets set for the first review with the International Monetary Fund (IMF). Debt-Ridden Pakistan Revives Economic Team To Get Financial Support From IMF, Sacks Former Chief of Nation's State Bank.

With the help of the statistics provided, the Finance Ministry would prepare for talks with the IMF review mission, reports The Express Tribune. According to the Finance Ministry's letter on Sunday, the four-day talks between Pakistan and IMF on the extended fund facility programme (EFF) would start from Monday.

The IMF staff mission headed by Director for Middle East and Central Asia Jihad Azour will arrive in Islamabad on Monday and leave on September 20. The IMF mission would exchange views on macroeconomic situation with Pakistani authorities and other relevant stake holders. IMF Could Delay Bailout Package for Pakistan Over CPEC Deal. 

A senior Finance Ministry officer otold The Express Tribune that since many of the conditions agreed with the IMF could not be fulfilled, Pakistan would try to seek exemption on the standards of performance. It is expected that the tax collection target of 5.5 trillion Pakistani rupees would also be reviewed.

(The above story first appeared on LatestLY on Sep 16, 2019 08:59 AM IST. For more news and updates on politics, world, sports, entertainment and lifestyle, log on to our website latestly.com).