All posts tagged: pkaistan imf

IMF to begin discussions on Pakistan’s request for climate resilience loan | Pakistan News

IMF to begin discussions on Pakistan’s request for climate resilience loan | Pakistan News

A technical mission from the International Monetary Fund (IMF) will begin discussions on Monday on Pakistan’s request for a loan on climate resilience, a media report said. This will be followed by a policy review early next week to assess the authorities’ performance under the ongoing $7 billion Extended Fund Facility (EFF), Dawn News reported. Pakistan had requested $1 billion to address the impact of climate change. The technical team will mainly engage with key ministries, including planning, finance, climate change, petroleum, water resources, the Federal Board of Revenue, disaster management agencies, and provincial governments. Story continues below this ad Without going into specifics, the IMF resident representative in Islamabad, Mahir Binici, confirmed the engagements spanning over three weeks from now. “An IMF staff team is scheduled to visit Pakistan in early to mid-March for discussions around the first review under Pakistan’s Extended Fund Facility-supported programme and the authorities’ request for assistance under a Resilience and Sustainability Facility (RSF) arrangement. In this regard, a technical team will be in Pakistan starting in late February to …