IMF team to visit Islamabad to discuss bailout package

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KARACHI: A high powered delegation of International Monetary Fund (IMF) will visit Islamabad in coming weeks to discuss possible bailout package, said a statement issued by IMF on Thursday.

Ms. Christine Lagarde, Managing Director of the International Monetary Fund (IMF), made the following statement in Bali, Indonesia on Thursday.

“Today, I met with Pakistan’s Minister of Finance, Revenue and Economic Affairs, Asad Umar, Governor of the State Bank of Pakistan Tariq Bajwa, and members of their economic team. During the meeting, they requested financial assistance from the IMF to help address Pakistan’s economic challenges.”

“An IMF team will visit Islamabad in the coming weeks to initiate discussions for a possible IMF-supported economic program. We look forward to our continuing partnership.”

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