IMF delegation arrives in Islamabad for bailout talks

IMF delegation arrives in Islamabad for bailout talks
Islamabad: Team of International Monetary Fund (IMF) has arrived in Islamabad to hold talks on a bailout package which is expected to hand Pakistan loan of USD 6-8 billion.

According to details, technical interactions will take place with the visiting team over the first step of IMG’s support program.

Government has done thorough preparations on the economic framework which will be tabled to the visiting IMF team which is arriving in the country on its ‘review mission’, sources said.

IMF and Pakistan’s delegation are also expected to agree on initiate strict technical steps for restricting electricity and gas theft.

On April 25, Prime Minister Imran Khan held a meeting with Managing Director International Monetary Fund Christine Lagarde on the sidelines of second Belt and Road Forum in Beijing.

They discussed matters of mutual interest, the comprehensive economic policy package to strengthen Pakistan’s economy and international assistance.