A nine-member International Monetary Fund (IMF) mission, led by Nathan Porter, is set to arrive in Pakistan on March 3 to conduct a crucial economic review.
The talks will continue until March 15 and will play a key role in shaping the country’s 2025-26 fiscal policies.According to finance ministry sources, the negotiations will be held in two phases—technical-level discussions followed by policy-level talks.
The mission will engage with officials from the finance ministry, State Bank of Pakistan (SBP), Federal Board of Revenue (FBR), Oil and Gas Regulatory Authority (OGRA), and National Electric Power Regulatory Authority (NEPRA), among others.
A key issue on the agenda is tax relief for the salaried class, which sources say remains conditional on IMF approval.The review will also assess Pakistan’s budgetary framework, fiscal consolidation efforts, and revenue generation measures.
Additionally, separate discussions will be held with all four provinces to align fiscal targets.Pakistan’s economic policies, including taxation, energy pricing, and structural reforms, are expected to be scrutinised closely by the IMF before any further financial commitments are made.
Previously, a technical delegation from the International Monetary Fund (IMF) has arrived in Islamabad to discuss climate financing and related policy measures with Pakistani officials.
According to sources, the four-member IMF team will engage in talks with federal and provincial authorities to review climate funding strategies, including green budgeting and tracking mechanisms.The discussions, set to run until February 28, aim to assess Pakistan’s progress on climate adaptation and financing.
One key agenda item is the proposed introduction of a carbon levy in the federal budget for the 2025-26 fiscal year.The IMF will present recommendations on its implementation and framework.
The negotiations will also cover subsidies, electric vehicles, and the expansion of green budgeting. Officials are expected to provide briefings on Pakistan’s current climate initiatives and future plans.
The IMF delegation’s visit is part of broader efforts to align Pakistan’s financial policies with global climate commitments, ensuring sustainable economic reforms.Moreover, the IMF has announced that its review mission will visit Pakistan to negotiate the next tranche of the $7 billion loan, with discussions also set to focus on climate financing.