The IMF will also be briefed on privatization efforts, including developments related to PIA.
The government has accepted the need for a mini-budget if revenues fall short of expectations by the end of December 2025, according to the IMF. Photo: archive
ISLAMABAD:
Talks between Pakistan and the International Monetary Fund (IMF) will begin in the last week of this month, as Islamabad seeks to unlock fresh funds under its bailout program amid persistent fiscal pressures and slowing revenue momentum.
An IMF review mission is scheduled to arrive on February 25 for a two-week stay, during which officials will assess economic performance from July to December 2025, along with progress on agreed benchmarks covering taxes, energy reforms, monetary policy and foreign exchange reserves.
While authorities met primary budget surplus and provincial cash balance targets, the federal fiscal target fell short by Rp329 billion. The Federal Board of Revenue (FBR) collected Rs 6,161 billion in six months, according to official figures.
The provinces recorded a combined cash surplus of Rs 1,179 billion and collected more than Rs 568 billion in taxes during the same period. The IMF will also be briefed on privatization efforts, including developments related to Pakistan International Airlines (PIA).
