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The IMF is in talks with Sri Lanka's new administration on continuing its Extended Fund Facility programme. The third review of the bailout package is expected to start soon.

Pakistan's Finance Minister expects an IMF loan agreement in July to address the country's economic woes. The budget includes measures to meet IMF demands, including tax increases.

Pakistan plans to secure USD 12 billion in debt rollovers from China, Saudi Arabia, and the UAE to meet budget targets before IMF talks. The country is facing a significant external financing gap.