Pakistan reaches accord with IMF on new bailout package, says minister

Asia

Mon 13 May 2019:

Technical teams from Pakistan and the International Monetary Fund have reached agreement on a new three-year, $6 billion bailout package, Pakistani Finance Minister Hafeez Shaikh said on Sunday.
Speaking on PTV television, he said the staff level agreement, which must still be approved by the IMF board of directors in Washington, would show that effective reforms were underway in Pakistan.

Related Article

IMF team to visit Pakistan this month in final bailout push

Think your friends would be interested? Share this story!

Leave a Reply

Your email address will not be published. Required fields are marked *