Islamabad: An International Monetary Fund (IMF) delegation, led by Mission Chief Nathan Porter, met with Pakistan’s Finance Minister, Mohammad Aurangzeb, to discuss the ongoing $7 billion loan program. The delegation arrived at the Ministry of Finance, where Minister Aurangzeb welcomed them, joined by key government officials, including the State Bank Governor and FBR Chairman.
During the meeting, Finance Minister Aurangzeb briefed the IMF team on the progress made towards fiscal targets, stating that most of the objectives for the first quarter had been met. The ministry assured the IMF of continued reforms for economic stability, and the delegation is expected to stay in Pakistan until November 15 to further assess fiscal plans. Discussions are set to include the FBR’s transformation plan, which aims to modernize the board to global standards.
