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of <h1>IMF Engages Pakistan in Virtual Budget Talks, Seeking Fiscal Discipline and 1.6% GDP Primary Surplus Target</h1> The International Monetary Fund will conduct virtual budget discussions with Pakistan due to regional security concerns. The talks will continue until May 16, with a potential in-person mission expected over the weekend. The IMF has appointed a new mission chief and is seeking a tight fiscal policy for the upcoming 2025-26 budget. The government aims to achieve a 1.6% GDP primary budget surplus and a tax target of 11% of GDP, with an overall budget deficit projected at 5.1% of GDP.
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