ISLAMABAD. The new government has decided to resume talks with the International Monetary Fund in Washington from Monday, sources told INP on Sunday.

They added that negotiations with IMF officials will begin from the point where it had been suspended.

Pakistan will formally announce the restoration of the IMF programme after which the IMF will decide about the US dollar one billion tranches of the IMF bailout, the sources added.

The new government’s reservations will also be discussed in the fresh round of talks.

The government sources earlier said that Pakistan will work with the IMF to stabilise the economy.

The dialogue is expected to focus on subsidies, amnesty and new conditions, the sources said.

Top government officials are expected to participate virtually in the upcoming talks, according to the sources.

Prime Minister Shehbaz Sharif’s new government has yet to take a decision about the new federal cabinet and the finance minister who will lead Pakistan’s side in crucial talks with the IMF for the revival of $6 billion programmes that went into jeopardy after the former government decreased energy prices, despite an agreement with the lender for the opposite.