IMF’s Pakistan mission chief meets finance minister Aurangzeb to discuss $7bn loan performance

The International Monetary Fund’s (IMF) Pakistan mission chief Nathan Porter met with Finance Minister Mohammad Aurangzeb in Islamabad on Tuesday to discuss the $7 billion loan performance, a statement from the Finance Ministry said. The meeting comes a day after the opening of an unplanned official visit of the IMF to the country, led by Porter. The unscheduled visit of the IMF mission chief comes four months ahead of the first review under the new $7 billion Extended Fund Facility (EFF) granted to Pakistan by the global lender in September. The visit is “unusual” and comes months ahead of the first EFF review which is due in the first quarter of 2025, according to Reuters.