The Executive Board of the International Monetary Fund (IMF) will meet today to discuss releasing SDR 828 million (around US$1.1 billion) to Pakistan as the third and final token of its $3 billion Stand-By Arrangement, Finance Ministry sources told ProPakistani.So far, Pakistan has received $1.9 billion from the IMF under this arrangement after adhering to the targets set by the lender.Sources added that both Pakistan's economic team and the IMF will soon commence discussions on a new loan program next month. The IMF mission is expected to visit Pakistan in mid-May to negotiate for potentially signing off on a much bigger bailout compared to prior disbursements.Last week, Finance Minister Muhammad Aurangzeb said that he expects to reach a Staff-Level Agreement on a bigger loan program with the IMF by June-July 2024. Speaking at an event in Islamabad, the finance minister also unveiled his strategy to avoid any future IMF programs but only after obtaining a new large and longer 24th program.The minist er mentioned at the time that the country is likely to secure more inflows in June, taking the foreign exchange reserves to $10 billion.Source: Pro Pakistani