Pakistan

Pakistan is going to seek more than $6 billion for a fresh IMF financing program

According to a Pakistani official sources Pakistan is interested in getting an additional financing more than $6 billion in the future through the International Monetary Fund (IMF) in order to help the forthcoming government in paying billions of dollars outstanding arrears owing during current fiscal year.

The Pakistani government will try to reach to agreement on enhanced funding facilities through IMF, reportedly to the document, via bargaining laid to get started in either March or April.

Pakistan dodged catastrophe this past summer due to an immediate IMF rescue, although the bailout package sunsets within the next government must come to an agreement on a long-term agreement in order to maintain the $350-billions of dollars economic solvents.

The International Monetary Fund (IMF) & Pakistani interim finance ministry failed to instantly reply to Sindh Time News.

Considering Pakistani unstable international position as well finding finance through worldwide & intergovernmental allies is going to be among the biggest and most serious issues awaiting its future leadership.

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