The International Monetary Fund (IMF) has dispatched a delegation to Pakistan, where they are scheduled to meet with officials in Karachi. The visit is part of the third review of the $7 billion loan program between Pakistan and the IMF. According to sources, Pakistan has achieved most of the targets set by the IMF, and they expect a staff-level agreement with the IMF before the new fiscal year begins, which could result in a $1.2 billion disbursement.
The IMF team is expected to stay in Pakistan until March 11. During their visit, they will be briefed on the country’s economic performance, including its monetary policy, inflation, and banking regulations. Technical sessions will be held to review several targets, including the primary balance, which stood at $40.5 billion surplus in the first half of the current fiscal year.
According to sources, the IMF is expected to achieve its target of increasing the State Bank of Pakistan’s foreign exchange reserves to $17.8 billion by June 30. The IMF has also forecast that the State Bank’s net foreign exchange reserves will reach $23.3 billion by the end of the current fiscal year.
In related news, the Islamabad High Court has dismissed an application to restore the job of a police officer who was suspended. The officer, who was accused of being involved in a corruption scandal, was suspended by the government. The court ruled that the officer’s suspension was valid and that he would not be reinstated.
In other developments, the government has said that it will make public the treatment details of the Pakistan Tehreek-e-Insaf (PTI) leaders who are currently in jail. The move is seen as a gesture of goodwill by the government. The PTI leaders have been in jail for several months after being arrested on charges of corruption and treason.
In a related development, the Rawalpindi Anti-Terrorism Court has summoned the last witness in the case against Alima Khan, a PTI leader who is accused of being involved in a terrorism case. The witness is expected to appear in court on Wednesday.
In other news, the government has said that it will not call PTI leaders to the meeting, as it had previously agreed. The move is seen as a concession by the government to the PTI. The PTI has been demanding the release of its leaders who are currently in jail.
In a statement, the PTI leader, Salman Akram Raja, said that the party is trying to get medical treatment for its leaders who are currently in jail. The party has also submitted applications for medical tests for its leaders, but the court has not allowed it.
In a related development, the government has said that it will not call PTI leaders to the meeting, as it had previously agreed. The move is seen as a concession by the government to the PTI. The PTI has been demanding the release of its leaders who are currently in jail.
In other news, the government has said that it will make public the treatment details of the PTI leaders who are currently in jail. The move is seen as a gesture of goodwill by the government. The PTI leaders have been in jail for several months after being arrested on charges of corruption and treason.
In a statement, the PTI leader, Salman Akram Raja, said that the party is trying to get medical treatment for its leaders who are currently in jail. The party has also submitted applications for medical tests for its leaders, but the court has not allowed it.
In a related development, the government has said that it will not call PTI leaders to the meeting, as it had previously agreed. The move is seen as a concession by the government to the PTI. The PTI has been demanding the release of its leaders who are currently in jail.
In other news, the government has said that it will make public the treatment details of the PTI leaders who are currently in jail. The move is seen as a gesture of goodwill by the government. The PTI leaders have been in jail for several months after being arrested on charges of corruption and treason.
In a statement, the PTI leader, Salman Akram Raja, said that the party is trying to get medical treatment for its leaders who are currently in jail. The party has also submitted applications for medical tests for its leaders, but the court has not allowed it.
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