Prime Minister Imran Khan will chair a meeting of the federal cabinet today.

The meeting will review the performance of the government and Finance Minister Asad Umar will take cabinet members into confidence regarding negotiations with the International Monetary Fund (IMF), according to sources.

A day earlier, PM Imran said Pakistan might not have to approach the IMF for loans.

In a meeting with journalists, the prime minister expressed hope that the government will be able to fix economic issues soon with its policies. The government is also in contact with friendly countries for resolution of economic issues, he said.

The government recently announced its decision to approach IMF amid severe criticism from opposition for taking a U-turn on the issue.

During the last federal cabinet meeting held on October 11, the premier directed the Ministry of Finance to hold a thorough probe into the loans taken by the former governments in the past ten years and their utilization.