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Pakistan

First round of Pak, IMF talks in Dubai from Tuesday

Dunya News

The first round of talks between Pakistan and IMF will start from tomorrow (Tuesday).

According to sources, during the week-long talks, an International Monetary Fund (IMF) team will arrive also in Islamabad to hold policy-level dialogue which will be a significant part of the parleys which involve meetings with the country’s President Asif Ali Zardari and Premier Raja Pervaiz Ashraf.The sources said that $1.18 billion amount received in Coalition Support Fund (CSF) from the US had given some space to the country’s economic trouble shooter to repay installments to the IMF on monthly bases and more foreign inflows were expected in the coming months from other donors especially after improvement in relations with the US as it had also disbursed $280 million for the energy sector last month.