Negotiations between Pakistan and the International Monetary Fund (IMF) for the next tranche of the $7 billion loan programme are likely to begin on March 3.

According to sources, an IMF mission, led by Nathan Porter, will conduct a two-week visit to Pakistan, staying until March 14.

The review will assess the economic performance from July to December 2024, with discussions focused on securing a $1 billion tranche under the $7 billion package.

The evaluation will cover agriculture sector taxation, tax reforms, and fiscal policies. Additionally, the IMF will be briefed on Pakistan’s progress in privatisation and workforce restructuring.

The mission will also review reforms in the energy sector, along with monetary policy, interest rates, inflation, and exchange rate policies.

If negotiations succeed, Pakistan will receive the next $1 billion tranche, subject to final approval from the IMF Executive Board.