{"id":62121,"date":"2020-02-29T09:32:00","date_gmt":"2020-02-29T04:32:00","guid":{"rendered":"https:\/\/www.zameen.com\/news\/?p=62121"},"modified":"2020-02-28T17:49:00","modified_gmt":"2020-02-28T12:49:00","slug":"imf-pakistan-agree-terms-second-review","status":"publish","type":"post","link":"https:\/\/www.zameen.com\/news\/imf-pakistan-agree-terms-second-review.html","title":{"rendered":"IMF-Pakistan reach agreement on policies, reforms to complete second review"},"content":{"rendered":"\n<p>Islamabad: The International Monetary Fund (IMF) has announced that a staff-level agreement has been reached with Pakistani authorities on the policies and reforms needed to complete the fund\u2019s second review for the disbursement of the IMF package \u2013 a news source reported.<\/p>\n\n\n\n<p>Read: <a href=\"https:\/\/www.zameen.com\/news\/imf-pakistan-agree-not-introduce-mini-budget.html\" target=\"_blank\" rel=\"noreferrer noopener\" aria-label=\"IMF, Pakistan agree to not introduce mini-budget (opens in a new tab)\">IMF, Pakistan agree to not introduce mini-budget<\/a><\/p>\n\n\n\n<p>The agreement will need to be approved by IMF management \u2013\nwhich is expected in early April. The review-completion will result in the disbursement\nof USD 450 million. <\/p>\n\n\n\n<p>While the authorities did not reveal the exact nature of the\nreforms and policy changes, they did notify their agreement to providing some\nbreathing space to adjust to the country\u2019s higher-than-estimated inflation\nlevels. <\/p>\n\n\n\n<p>Some of the remaining issues to be addressed under the programme include a further adjustment in electricity and gas tariffs and checking the revenue shortfall.<\/p>\n\n\n\n<p>Read: <a href=\"https:\/\/www.zameen.com\/news\/imf-fbr-meeting-imposition-new-taxes-denied.html\" target=\"_blank\" rel=\"noreferrer noopener\" aria-label=\"IMF-FBR meeting: imposition of new taxes denied (opens in a new tab)\">IMF-FBR meeting: imposition of new taxes denied<\/a><\/p>\n\n\n\n<p>Previously, following the completion of the staff-level\ndiscussions, the IMF mission had reported considerable progress in terms of the\ngovernment\u2019s commitment towards enforcing its proposed reforms and policies. Based\non this analysis, the IMF had stated that Pakistan\u2019s macroeconomic outlook had remained\nbroadly as expected at the time of the first review \u2013 with economic activity having\nstabilised; set on the path towards gradual recovery.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Islamabad: The International Monetary Fund (IMF) has announced that a staff-level agreement has been reached with Pakistani authorities on the policies and reforms needed to complete the fund\u2019s second review for the disbursement of the IMF package \u2013 a news source reported. Read: IMF, Pakistan agree to not introduce mini-budget The agreement will need to be approved by IMF management \u2013 which is expected in early April. The review-completion will result in the disbursement of USD 450 million. While the authorities did not reveal the exact nature of the reforms and policy changes, they did notify their agreement to providing some breathing space to adjust to the country\u2019s higher-than-estimated inflation levels. Some of the remaining issues to be addressed under the programme include a further adjustment in electricity and gas tariffs and checking the revenue shortfall. Read: IMF-FBR meeting: imposition of new taxes denied Previously, following the completion of the staff-level discussions, the IMF mission had reported considerable progress in terms of the government\u2019s commitment towards enforcing its proposed reforms and policies. Based on this analysis, the IMF had stated that Pakistan\u2019s macroeconomic outlook had remained broadly as expected at the time of the first review \u2013 with economic activity&hellip;<\/p>\n","protected":false},"author":57,"featured_media":61048,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[15012],"tags":[21463,21464],"persona":[],"class_list":{"0":"post-62121","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-allied-industries","8":"tag-imf-pakistan-reach-agreement-on-policies","9":"tag-reforms-to-complete-second-review","10":"cat-15012-id"},"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.2 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>IMF-Pakistan agree on terms for second review - Zameen News<\/title>\n<meta name=\"description\" content=\"Islamabad: The International Monetary Fund (IMF) has announced that a staff-level agreement has been reached with Pakistani authorities on the policies\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.zameen.com\/news\/imf-pakistan-agree-terms-second-review.html\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"IMF-Pakistan agree on terms for second review - Zameen News\" \/>\n<meta property=\"og:description\" content=\"Islamabad: The International Monetary Fund (IMF) has announced that a staff-level agreement has been reached with Pakistani authorities on the policies\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.zameen.com\/news\/imf-pakistan-agree-terms-second-review.html\" \/>\n<meta property=\"og:site_name\" content=\"Pakistan Real Estate News &amp; 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