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An IMF team began a final review of the current $3 billion program in Islamabad

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ISLAMABAD: The International Monetary Fund (IMF) has begun the final review process of the existing $3 billion standby arrangement, which will pave the way for the release of the remaining $1.1 billion.

IMF mission chief Potter is leading the team.

The first day of the IMF review began with Finance Minister Muhammad Aurangzeb, State Bank of Pakistan Governor Jameel Ahmed and Federal Bureau of Revenue Chairman Malik Amjad Zubair Towana briefing the visiting team on various aspects of the current situation. And informed about the government’s priorities.

Later, the IMF team left after attending the preliminary meeting. Both sides will hold multiple rounds of talks till March 17.

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