Pakistan reaches accord with IMF on new bailout package: Minister

Top Stories

Pakistan reaches accord with IMF on new bailout package: Minister

Islamabad - Pakistan FM said the staff level agreement would show that effective reforms were underway in Pakistan.

By Reuters

  • Follow us on
  • google-news
  • whatsapp
  • telegram

Published: Mon 13 May 2019, 6:53 AM

Last updated: Tue 14 May 2019, 8:53 AM

Technical teams from Pakistan and the International Monetary Fund have reached agreement on a new three-year, $6 billion bailout package, Pakistani Finance Minister Hafeez Shaikh said on Sunday.
Speaking on PTV television, he said the staff level agreement, which must still be approved by the IMF board of directors in Washington, would show that effective reforms were underway in Pakistan.


More news from