
Islamabad:
Pakistan is ready to take a new program from the International Monetary Fund (IMF).
Pakistan has begun preparing another $ 1.5 billion program from the IMF for which talks with the IMF will take place this month.
Two more IMF delegations will visit Pakistan about the new program for Pakistan and the next installment of the already approved $ 7 billion program, which will have separate talks for a total of $ 2.5 billion.
Sources say that an IMF delegation will visit Pakistan from February 24.
Sources say the new debt program will be to remedy the losses of climate change.
Sources further said that Prime Minister Mian Shahbaz Sharif recently held talks with IMF MD Kristina Jiyarjiva, which resulted in the IMF delegation will negotiate a new climate change loan program.
Sources say the Pakistani economy suffered a loss of $ 30 billion from climate change two years ago, the IMF will help reduce the losses of climate change in the new loan program.
Sources say that the IMF will review climate change measures and goals in the new loan program, talks on the new climate change loan program are likely to continue until the first week of March.
Sources say an IMF’s economic review mission will come to Pakistan in early March, with talks for the next $ 7 billion loan program for the next installment of $ 1 billion. The IMF will be briefed on economic performance from July to December.
