Negotiations between Pakistan and the International Monetary Fund (IMF) are set to continue today, with discussions focused on securing the next installment of the loan.
Sources close to the matter indicate that IMF officials will receive briefings on reforms within the Federal Board of Revenue (FBR), improvements in tax collection, and urgent measures to enhance tax collection for the current fiscal year.
In addition, the State Bank officials are expected to outline plans to introduce new plastic currency notes aimed at combating counterfeit currency. These notes, similar to those used in Far Eastern countries and Switzerland, are part of Pakistan’s efforts to bolster its currency security.
Furthermore, discussions will cover the issuance of country reports as per the United Nations Anti-Corruption Convention. This requirement was stipulated by the IMF, necessitating a report from experts on the effectiveness of anti-corruption institutions, to be prepared by the Ministry of Interior and Ministry of Law.
The agenda also includes briefings on enhancing the efficiency of government institutions and advancing privatization initiatives.
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