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Pakistan to seek larger IMF bailout package of over $8 billion

IndiaTimes Sunday, 17 March 2024
Cash-strapped Pakistan is set to formally request a bailout package from the International Monetary Fund (IMF) through the Extended Fund Facility (EFF). Reports suggest Islamabad may seek over 8 billion US dollars during the upcoming IMF/World Bank spring meetings in Washington, DC, from April 15 to 20. It is expected that Pakistan may request for enhanced quota like it did in 2008.
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Video Credit: Oneindia - Published
News video: IMF Question Pakistan Over Claims of Meeting Targets Even Before Proper Review| Oneindia News

IMF Question Pakistan Over Claims of Meeting Targets Even Before Proper Review| Oneindia News 02:25

 The IMF team, led by Nathan Porter, expressed dismay at Pakistan's finance ministry for prematurely claiming fulfillment of structural benchmarks. Before completing their review, the team arrived to analyze economic data. The ministry's premature announcement left the IMF unable to provide feedback....

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