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New deal with IMF on the cards for Pakistan

ISLAMABAD: Prime Minister Shehbaz Sharif has informed the International Monetary Fund (IMF) Managing Director Kristalina Georgieva about Pakistan’s intention to secure a new bailout. Moreover, Minister of State for Finance and Revenue Dr Aisha Ghaus Pasha on Wednesday criticised IMF mission chief Nathan Porter’s comment on the country’s political situation, saying he should not “interfere in politically domestic” matters. According to media reports, the prime minister had revealed Pakistan’s intentions to sign a follow-up bailout package during his telephonic conversation with the IMF managing director on the weekend. Pakistan’s current $6.5 billion programme stood derailed and the efforts being made

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