The technical experts’ delegation is scheduled to conduct consultations with the Federal Board of Revenue (FBR) concerning taxation policies over the course of approximately one week.

Around 9:30 am, the index saw a boost of 525 points, reaching 59,425 points.

Foreign Minister Jalil Abbas Jilani says Pakistan is in communication with Jordan and Egypt regarding this initiative.

The PML-N supremo says they saved the country from being default in the past and will save it again.

Dr. Akhtar emphasized the urgency of addressing the circular debt, which has surpassed 4% of the Gross Domestic Product.

The PTI president says the IMF and European Union delegations visit Imran Khan in jail to hold meetings.

The IMF delegation has been on Pakistan’s visit from 2nd to 15th of this month to hold discussions on the first review of Pakistan’s economic program supported by an IMF Stand-By Arrangement (SBA).

IMF Managing Director Kristalina Georgieva has expressed optimism about nearing a conclusive agreement.

The IMF encourages collaborative efforts between the federal government and provinces for tax recovery, suggesting the imposition of a fixed tax on retailers if there is a shortfall in tax collection after December.

The latest reports suggest that  the inaugural session with the IMF team will feature an introductory meeting, with Pakistan's Federal Minister for Finance, Dr. Shamshad Akhtar, leading the Pakistani delegation.