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August 1, 2018

US dictates IMF on loan to Pakistan

WASHINGTON: US Secretary of State Mike Pompeo, in an interview with CNBC television, said the United States looked forward to engagement with the government of Pakistan’s expected new prime minister Imran Khan but said there was “no rationale” for a bailout that pays off Chinese loans to Pakistan.“Make no mistake. We will be watching what the IMF does,” Pompeo said.“There’s no rationale for IMF tax dollars, and associated with that American dollars that are part of the IMF...