There was going to be a meeting of the International Monetary Fund’s (IMF) Executive Board on December 7 to accept the staff-level agreement (SLA) with Pakistan and send the next $700 million to the country under the $3 billion standby arrangement.
But the caretaker federal government has chosen to make a plan for how the new government can keep the same economic policies.
In this case, sources in the finance ministry said that talks with the IMF could begin about a new loan scheme.
Before the IMF Executive Board meeting, plans are being made to raise the prices of gas and energy even more.
The real estate and digital markets will also have to pay taxes.
According to people in the finance ministry, the government will borrow $25 billion from private banks and friendly countries in the Gulf to cover this year’s cash flow needs.
They also said that the caretaker government had promised the IMF that the next poll would happen on time.
They also said that China had promised Pakistan that the loan would be extended for another two years.
