IMF, Pakistan to conclude $1.1 billion tranche discussions today.

The meetings were supposed to end yesterday (Monday), but the IMF team stayed in Pakistan a day longer since both sides couldn’t agree on a staff-level agreement for the second review.

According to sources, all sides will negotiate and finalize the Letter of Intent and MEFP today.

Pakistan has met all IMF goals for the second SBA review, according to finance ministry sources.
After the meetings, Pakistan will sign a staff-level agreement with the IMF and the executive board will approve a $1.1 billion SBA tranche.

Sources claimed the group had approved Pakistan’s external funding roadmap in negotiations.

Pakistan has ‘assured’ the IMF of expediting privatisation.

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