Pakistan’s name has not been included on the agenda of the upcoming executive board meeting of the International Monitory Fund as the deadlock remains over the ninth Economic Survey.

Names of Iceland and other countries were included for approval in the meeting, sources told Aaj News on Wednesday.

Finance Ministry officials will contact IMF officials virtually as the $6.5 billion loan program with the IMF is ending on June 30, sources said.

Moreover, Moody’s Investors Service has warned that Pakistan is at an increased risk of a failure to restart its $6.7-billion bailout program.

The program is stalled since November last year, pushing the country closer to a sovereign default.

“There are increasing risks that Pakistan may be unable to complete the IMF programme that expires at the end of June,” Grace Lim, a sovereign analyst with the rating company in Singapore, was quoted as saying by Bloomberg on Wednesday.

“Without an IMF programme, Pakistan could default, given its very weak reserves.”