IMF funds arrive as govt opens pre-budget talks

• Aurangzeb, mission discusses revenue targets, tax measures, reforms, fiscal strategy • Lender stresses need for fiscal discipline • Minister heads to China for Panda bond launch ISLAMA­BAD / KARACHI: Pakistan has received fresh inflows of $1.3 billion from the Interna­tional Mon­e­t­ary Fund (IMF), which has pushed the State Bank of Pakistan’s (SBP) foreign exchange reserves above $17bn and closer to the central bank’s target of $18bn. Meanwhile, a visiting IMF mission on Wednesday began a ...

By none@none.com (Mubarak Zeb KhanShahid Iqbal)