The IMF has cut short its Pakistan visit over security fears, shifting 1.2 billion dollars tranche talks to Türkiye online.
The International Monetary Fund decided to end its visit to Pakistan earlier than planned due to security concerns. Officials confirmed that negotiations for the next 1.2 billion dollars loan tranche will now continue virtually from Türkiye.
The IMF mission had held its first meeting with Finance Minister Muhammad Aurangzeb before departing the country. The sudden decision came shortly after the meeting, raising questions about the security environment during the high-stakes review talks.
A day before this development, the United States Department of State issued a Level 3 travel advisory for Pakistan, urging American citizens to reconsider travel and avoid large gatherings. Some areas were placed under a stricter Level 4 advisory, effectively marking them as no-travel zones.
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In an official statement, the IMF’s resident representative said discussions are ongoing regarding the third review under the Extended Fund Facility and the second review under the Resilience and Sustainability Facility. These talks are crucial for unlocking the next loan installment.
The shift to virtual negotiations highlights growing security sensitivities but also signals that financial engagement between Pakistan and the IMF remains intact. The outcome of these online talks will be critical for Pakistan’s economic stability and its efforts to secure continued international financial support.