Pakistan finance minister says ‘optimistic’ for ‘larger and longer’ IMF bailout program in July

Pakistan finance minister says ‘optimistic’ for ‘larger and longer’ IMF bailout program in July

article author: 
Author: 
Sun, 2024-06-30 15:10

ISLAMABAD: Federal Minister for Finance and Revenue Muhammad Aurangzeb expressed optimism on Sunday Pakistan would secure a “larger and longer” bailout agreement in its negotiations with the International Monetary Fund (IMF) in July, following the approval of the $67.76 billion federal budget.
Pakistan began discussions about a new loan with IMF officials soon after completing a $3 billion program that helped the country stave off a sovereign debt default last year.

Main category: 

Read the full story at the Arab News Pakistan website.