WASHINGTON D.C.: The International Monetary Fund (IMF) has finalised a bailout package for Pakistan as talks between the two sides were finalised during a recent visit by the Pakistani delegation to the United States, reported a private tv channel citing sources. The IMF agreed to a three-year bailout package for Pakistan, after a high-level delegation led by Finance Minister Asad Umar met with IMF and World Bank officials on the sidelines of the annual Spring Meeting in Washington, DC, sources said. The final value of the bailout package would be decided during a visit of the IMF mission to Islamabad, expected soon. The exact dates for the IMF’s visit to Pakistan will be decided within the next day or two, sources said. The bailout package will be signed within this month, the sources further said.

Source: Pakistan Today April 15, 2019 08:15 UTC