- The IMF review mission will be led by Nathan Porter.
- The review mission will visit Pakistan under standby agreement.
- Economic review will be conducted under $3b standby arrangement. Program.
ISLAMABAD: A review mission of the International Monetary Fund (IMF) will visit Pakistan from November 2 and review the economic performance of the first quarter.
According to IMF representative Esther Perez Ruiz , the review mission will be led by Nathan Porter and the review mission will visit Pakistan under the standby agreement.
Sources said that during the mission’s visit, an economic review will be conducted under the $3 billion Standby Arrangement Program.
The IMF mission will review the economic performance of the first quarter, and the IMF will be briefed on the economic performance from July to September.
According to the sources, if the review mission is satisfied with Pakistan’s actions, it will recommend the release of the next installment of the loan.
In the light of the review mission’s recommendation, the IMF Executive Board will approve the release of $710 million in December.
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