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The IMF team to visit Pakistan once the new government is set up.

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The IMF team will visit Pakistan after the new government is formed.

Sources mention that the negotiation for the last portion of the current $1.10 billion loan program will happen with the newly elected government. The IMF delegation isn’t keen on discussing with the interim government for this final installment.

Officials from the Ministry of Finance state that discussions for the last portion of the $3 billion loan program are pending. The interim government has met all the IMF targets.

Thanks to the interim government’s performance, the incoming government will find the talks easier. These discussions with the IMF might occur in late February or early March.

Meanwhile, Ministry of Energy officials say that the IMF hasn’t rejected the tariff reduction plan aimed at reducing the revolving debt. The IMF will review the proposal.

Upon approval of the plan, electricity prices for the export sector will drop from 14 cents to 9 cents per unit.

Read more about “Stock prices dropped more than 1,000 points because people are unsure about how the government is being formed.”