IMF shares draft MEFP with Pakistan as talks near conclusion

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MG News | October 08, 2025 at 08:08 PM GMT+05:00

October 08, 2025 (MLN): The International Monetary Fund (IMF) has shared the draft Memorandum of Economic and Financial Policies (MEFP) with Pakistan’s Ministry of Finance as part of the ongoing discussions for a staff-level agreement under the current bailout program.

Finance Minister Muhammad Aurangzeb, speaking informally with the media on Wednesday, confirmed that Pakistan has met all performance targets outlined by the IMF.

He expressed optimism that once the MEFP is signed, both sides will move swiftly toward formalizing the agreement.

“The discussions are on track, and consensus has been achieved on all major targets,” Aurangzeb said, noting that the current round of talks between Pakistan and the IMF is expected to conclude today.

The finance minister reiterated Pakistan’s commitment to fulfilling all obligations under the Fund-supported program.

This development demonstrates the government’s focus on macroeconomic stability and fiscal discipline as part of its ongoing reforms.

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