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Pakistan

Web Desk
April 26, 2019

IMF folds package with more stringent conditions

ISLAMABAD: The IMF has folded its bailout package with more stringent conditions as Islamabad have...

PM Imran Khan meets IMF Chief in Beijing

Pakistan

Web Desk
Fri, Apr 26, 2019

BEIJING: Prime Minister Imran Khan met Managing Director of International Monetary Fund (IMF) Christine Lagarde on the side lines of 2nd BRF at Beijing, China.

PM Imran Khan and IMF chief discussed prospects for a comprehensive policy package and international financial support to help stabilize the economy of Pakistan.

Earlier, Imran Khan also held meeting with Kristalina Georgieva, CEO of the World Bank on the sidelines of the second Belt and Road Forum (BRF).

He was accompanied by the Foreign Minister and Adviser on Finance and Adviser on Commerce.

The Prime Minister informed CEO, World Bank of the recent steps taken by the government for improving the economic and fiscal situation in the country.

He appreciated the role played by the World Bank in regional connectivity, poverty alleviation, financial management, provisional projects, DASU and other infrastructure projects and ease of doing business.

The Prime Minister also informed the CEO about the socio-economic uplift measures taken up by the government and creation of “Ehsaas” social welfare programme.

The CEO of the World Bank pledged to further strengthen cooperation with Pakistan in the areas of disbursements programme lending and guarantees provision for raising external funds.