Pakistan, IMF officials meet in Dubai tomorrow

ISLAMABAD: A meeting between International Monetary Fund and Pakistan officials will formally begin in Dubai on Wednesday over release of loan tranche, ARY News reported.

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Sources in the Ministry of Finance said both the sides would talk about loan conditions and its release, while the fourth Economic Survey Report of Pakistan, highlighting country’s economic progress till June 2014, will be sent to the IMF by the mid of August.

They told that IMF might raise concerns over subsidy on electricity as government had recently increased power and gas tariff.

Besides, the economic report featuring fiscal deficit, revenue targets, GDP growth rate and other conditions for loan will be assessed by the IMF.

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Pakistan, IMF officials meet in Dubai tomorrow

by Azhar Khan