An International Monetary Fund (IMF) mission is expected to visit Pakistan this month to discuss a new program, the lender said on May 5 ahead of Islamabad beginning its annual budget-making process for the next financial year. Pakistan last month completed a short-term $3 billion program, which helped stave off sovereign default, but the government of Prime Minister Shehbaz Sharif has stressed the need for a fresh, longer-term program. "A mission is expected to visit Pakistan in May to discuss the FY25 budget, policies, and reforms under a potential new program for the welfare of all Pakistanis," the IMF said in an e-mailed response to Reuters.
IMF Says Mission Will Visit Pakistan This Month To Discuss New Loan
Pakistani officials meet with IMF negotiators in Islamabad in March 2024.