Pakistan, IMF to negotiate today

Islamabad: Policy-level dialogue between Pakistan and the International Monetary Fund (IMF) for the next tranche worth $710 million will begin today (Monday).

According to the details, the officials of the Special Investment Facilitation Council (SIFC) will brief the IMF on the first day of the policy-level talks.

The detailed dialogue will discuss regarding the expected direct investment under SIFC, other issues including tax concessions on investment under SIFC will also be considered.

According to media reports, Pakistan's economic team will be led by caretaker finance minister Dr. Shamshad Akhtar in the policy-level talks, while the IMF review mission will be led by Nathan Porter, the head of the mission.