ISLAMABAD – The delegation of International Monetary Fund (IMF) landed in Pakistan Thursday on a week-long visit to hold talks with the new government’s officials to review the economic situation and monetary requirements of the country.
The IMF mission headed by Herald Finger will meet the officials of the Ministry of Finance, Governor State Bank and other officials of economic affairs during their stay.
The IMF delegation is also expected to hold a meeting with Finance Minister Asad Umar.
According to the finance ministry, the purpose of the delegation’s visit is the part of the government’s strategy to keep all options open. While the monetary fund has called it a regular visit to Pakistan.
During the talks, debt payment and monetary reforms will also come under discussion.
In August, Finance Minister Asad Umar said in a statement that his government needs $9 billion to run Pakistan.
He said Pakistan, as per the budget, need $9 billion to run the country. “We are trying to address the root cause that compels us to borrow these $9bn. Off course, we know any policy will take time to yield results,” he added
