Most analysts predict a seventh consecutive rate cut by Pakistan's central bank on Monday, amid the country's first International Monetary Fund (IMF) review for its $7 billion bailout and near-decade low inflation.

Pakistan is likely to pass the first review of its $7 billion loan program with the International Monetary Fund since it has made enough progress to raise revenue, according to officials and diplomats familiar with the matter.

Pakistan on Friday pushed back against the International Monetary Fund (IMF)'s demand to impose a carbon levy on petroleum products, coal, and internal combustion engine cars, which the global lender is advocating to discourage the use of fossil fuels.

Most analysts predict a seventh consecutive rate cut by Pakistan's central bank on Monday, amid the first International Monetary Fund (IMF) review of a $7-billion bailout at the time of the lowest inflation in nearly a decade.

Finance Minister Muhammad Aurangzeb has said Pakistan is well positioned for the first review of its seven billion dollars International Monetary Fund (IMF) bailout programme. Talking to Reuters, he said there will be two rounds of talks with the IMF, first technical and then policy level.