Pakistan has successfully completed negotiations with the IMF, with Mission Chief Eva Petrova visiting from May 13-20 to review budgetary reforms and their impact on national development. Pakistan has committed to maintaining a primary surplus target of 2% of GDP in the 2027 budget, while the State Bank of Pakistan has assured strict monetary policy to control inflation. Technical discussions on budget protocols will continue, and a new tranche of $32 billion has been released to Pakistan under the $1 billion program.
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Pakistan-IMF Negotiations Completed | Big Budget Update | Breaking News | 92NewsHDAdded:
And now let us talk about the successful completion of the talks between Pakistan and IMF in Islamabad. The IMF team, led by Mission Chief Eva Petrova, visited Pakistan from May 13 to 20.
In which a detailed review was done of the impact of the budgetary reforms and the war of Mashwas on the national development of the next financial year.
According to Elami, Pakistan has expressed its intention to maintain the target of primary surplus equal to 2% of GDP in the financial year 2027 budget. Along with this, the State Bank has assured to keep the monetary policy strict to control inflation. The IMF says technical talks on budget protocol will continue in the coming days. It is worth noting that a new tranche of $32 billion has recently been released to Pakistan under the $1 billion program.
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