Sources said an IMF group will arrive in Pakistan on May 10

ISLAMABAD: According to sources, an International Monetary Fund (IMF) group will come in Pakistan on May 10 to have decisive negotiations with the federal administration.

A group from the international banking organisation will visit Pakistan for ten days to meet with Pakistani officials. The IMF delegation will also meet with Pakistani officials to discuss the budget recommendations.

Following pre-budget talks, it is expected that the loan program’s size will be increased from $6 to $8 billion. The team will also review the federal government’s proposal for petroleum product, power, and gas subsidies.

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