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Why Pakistan-IMF talks hit a deadlock

The talks between a Pakistani delegation and an IMF team have failed to make headway, leaving the 6th review of the IMF programme for Pakistan inconclusive. However, room for further discussions still exists and the round of talks could be extended to next week as the Pakistani delegation is expected to prolong its stay in Washington DC. Hence, it is a deadlock and not a failure, according to officials sources. It is the second round of talks that began on October 4 and was scheduled to end on October 15. The first round on the 6th review was held in June and remained inconclusive. The deadlock comes despite Pakistan having increased prices of electricity, gas, and petroleum . ....

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