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There is a longer list of economic circumstances than fuel, energy subsidies, and a large budget deficit that Pakistan must meet in order to receive the IMF tranche, according to the IMF Resident Representative.

"It will be critical to accomplish programme targets in order to put in place a package of comprehensive initiatives, including the removal of fuel and energy subsidies as well as the FY2023 budget," says the report. Resident Representative of the IMF.

Since the Doha talks among Pakistan and the IMF are somehow inconclusive, and technical talks between both the two parties are set to reinstate today (Tuesday), the phasing out of energy and oil subsidies, the budget for the new financial year 2022–23, and presumably several conditions remain crucial for Pakistan to meet the IMF programme objectives.

"The meeting with Pakistani officials was aimed at obtaining an agreement that would allow the next seventh review under the 2019 Extended Fund Facility to be completed" (EFF), are proceeding and continue highly constructive," the IMF"s resident representative .
"The IMF applauds the government"s recent move to begin aligning fuel prices with international prices as part of a broader package of policies and reforms aimed at restoring macroeconomic stability." Added the representative.

The IMF has requested that the government set a financial goal for FY23 of Rs. 7,255 billion. The IMF is still considering the level of inflation for the coming fiscal year, as well as subsidies and the budget deficit.