IMF assures Pakistan of support in shoring up economy - News Summed Up

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IMF assures Pakistan of support in shoring up economy


Christ­ine Lagard­e meets PM Imran on sideli­nes of 7th World Govern­ment Summit in DubaiInternational Monetary Fund (IMF) head Christine Lagarde on Sunday said the organisation was ready to support Pakistan in its efforts to shore up the crippling economy. She said this in a statement issued after her meeting with Prime Minister Imran Khan on the sidelines of 7th World Government Summit in Dubai. The prime minister appreciated the IMF’s support to Pakistan and shared his vision for nation-building, according to a press statement issued by the Ministry of Finance. He added that Pakistan wanted any agreed bailout package, which would be the country’s second IMF bailout since 2013, to be the nation’s last such economic rescue by the IMF. When the original estimate was reported in April by the government of the then prime minister Shahid Khaqan Abbasi it was hailed as the strongest growth in 13 years.


Source: The Express Tribune February 10, 2019 15:32 UTC



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