KARACHI, Pakistan (Reuters) - Pakistan and the IMF have worked out the outlines for the release of over $900 million in funds that would come through once Pakistan removes its fuel subsidies, a Pakistani source directly involved in talks in Qatar said, requesting anonymity.
The talks in Qatar capital Doha on the resumption of a funding programme concluded on Wednesday. An IMF official said in a statement that considerable progress had been made, but he emphasized the urgency of Pakistan removing fuel and energy subsidies to get back on track.