The IMF Review mission has arrived in Pakistan to complete an economic review regarding the payment of the next rate of $ 1 billion from the $ 7 billion Bailout package.

According to sources in the Ministry of Finance, the economic review negotiations with the International Monetary Fund (IMF) continue until March 15. In this regard, the first phase will involve technical discussions, while the second phase will focus on negotiations on political levels.

Led by Nathan Porter, the 9-member IMF delegation will remain in Pakistan for almost two weeks and will also propose the upcoming budget for the 2025-2026 financial year, reported Express News.

Sources have indicated that relief for employees will only be possible if the IMF gives its approval. The review mission will hold discussions with the Ministry of Finance, the Ministry of Energy, the planning and the State Bank.

According to sources, the IMF delegation will also hold conversations with other institutions and ministries, including FBR, OGRA, NEPRA and others.

Earlier, adviser to the Pakistani Finance Minister said the IMF will also discuss around $ 1 billion in climate -financing for Pakistan.

Advisor to Finance Minister Khurram Schehzad told Reuters that the mission would visit from February 24 to February 28 for a “review and discussion” of the financing of climate consumption.

The payment takes place during the fund’s resilience and sustainability time created in 2022 to provide long -term concessions with cash -related expenses such as adaptation and transition to cleaner energy.

Pakistan made a formal request in October last year about about $ 1 billion in the IMF funding during the confidence in tackling the nation’s vulnerability to climate change.

The country’s economy is on a long road to improvement after being stabilized during an IMF -expanded fund facility of $ 7 billion it secured late last year.