IMF delegation arrives in Pakistan to hold talks on bailout package.

ISLAMABAD -- A delegation of the International Monetary Fund (IMF) arrived in Pakistan on Monday to continue technical discussions for an IMF-supported programme.

According to adviser and spokesman for the Ministry of Finance, Dr Khaqan Najeeb, the IMF team will meet officials of the ministry, the Federal Board of Revenue and the State Bank during its visit. The two sides will discuss the possibility of a $7 to $8 billion loan for Pakistan.

"Extensive preparation for data and macroeconomic framework finalisation and structural reforms are ongoing," Dr Najeeb had said last week.

He had further said the Ministry of Finance had held in-depth discussions with all key stakeholders, including the State Bank of Pakistan, Power and Gas Division, Privatisation Commission, Federal Board of Revenue and Benazir Income Support Programme.

Prime Minister Imran Khan had met IMF Director Christine Lagarde on Friday on the sidelines of the second Belt and Road Forum in Beijing, China. During the meeting, the two sides had agreed on the importance of the IMF programme for the country and...