In an exclusive interview with CNBC on Monday, Pompeo criticised the idea of an International Monetary Fund (IMF) bailout for Pakistan. However, he also dismissed as ‘inappropriate’ comments by the US secretary of state voicing concerns over any IMF bailout being used to repay Chinese loans to Islamabad. Pakistan, he also said, is committed to complete all the projects of CPEC – a multibillion-dollar flagship of One Road and One Belt (OBOR) initiative undertaken by China. He said the issue was raised at a time when the government of Pakistan was trying to raise living standard of Pakistanis. China had not demanded anything and the efforts could be perceived to undermine the Chinese initiative here, the interim FM added.

Source: The Express Tribune August 01, 2018 17:07 UTC