The IMF review mission is expected in Pakistan in the last week of February 2026 to begin talks for the third review under the $7 billion Extended Fund Facility (EFF) and the release of a fourth $1 billion tranche.
Negotiations will include the second tranche under the Resilience and Sustainability Facility (RSF), fiscal reforms, and measures to ease taxes on salaried individuals and the formal manufacturing sector to support economic growth.
Talks will shape the 2026–27 federal budget. Officials aim to persuade IMF for flexibility in tax targets, while industry groups seek corporate tax reduction from 29% to 25% to improve competitiveness.
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