Pakistan has reportedly met the IMF’s conditions concerning power sector debt and electricity pricing, potentially enabling access to a USD 1.2 bln loan tranche. The country achieved its end-December goals by keeping circular debt flow under 385 bln rupees and timely adjusting electricity tariffs. This development comes as Pakistan seeks IMF assistance for debt repayment due within the year. The IMF has yet to schedule the next review talks, pending the formation of Pakistan’s new government.