IMF says Pakistan met targets on funding review - PM's office statement

"These efforts have resulted in positive conclusion of the technical level talks," the statement quoted him saying. An IMF mission has been in Pakistan for the last two weeks for technical- and policy-level talks to review whether the government was on track to meet benchmarks set under the $3 billion standby arrangement agreed in July.

The Pakistan mission chief for the International Monetary Fund (IMF) on Wednesday said Islamabad had met targets set for the first review of a $3 billion bailout, a statement from the Pakistani prime minister's office said. IMF Mission chief Nathan Porter acknowledged the efforts made by the government of Pakistan in meeting the various quarterly targets, the statement said. "These efforts have resulted in positive conclusion of the technical level talks," the statement quoted him saying.

An IMF mission has been in Pakistan for the last two weeks for technical- and policy-level talks to review whether the government was on track to meet benchmarks set under the $3 billion standby arrangement agreed in July.