Pakistan discussed its $7 billion bailout reform agenda with the International Monetary Fund during an unscheduled staff visit last week, Finance Minister Muhammad Aurangzeb said on Sunday, suggesting no new taxes are to be imposed.

Finance Minister Muhammad Aurangzeb announced that Pakistan discussed its $7 billion bailout reform agenda with the IMF, focused on taxation, energy sector, privatisation, and public finance, without imposing new taxes.

The unusual visit from Nov 12 to Nov 15 discussed a $7-billion bailout within six weeks of its approval by the IMF board, but came too early for the first review of the Extended Fund Facility (EFF), due in the first quarter of 2025.

The International Monetary Fund's Pakistan mission chief Nathan Porter on Tuesday opened unusual talks with Pakistan over a $7 billion bailout approved by its board in September, the finance ministry and sources said.

Pakistan presented its $7 billion bailout reform agenda to the International Monetary Fund (IMF) during an unscheduled visit by the fund's mission. Talks occurred within six weeks of loan approval, a rare move ahead of a first review scheduled for the first quarter of 2025.

Reforms in taxation, energy sector, privatisation of loss-making SOEs and public finance came under discussion, finance minister says

The International Monetary Fund (IMF) said on Friday it held constructive talks with authorities in Pakistan on economic policy and reform efforts to reduce vulnerabilities during an unscheduled staff visit.