Thursday, October 11th, 2018
Pakistan seeking $8 billion IMF bailout: Report
WASHINGTON: (DNA) – As the time approaches to officially reach out to the International Monetary Fund (IMF) for a bailout, diplomatic sources have said the country is seeking an $8 billion package to get itself out of its economic quagmires. According to a report, the diplomatic sources shared the IMF could enforce stringent conditions which would compel Pakistan to seek additional financing for meeting those restrictions and widen the loan facility to $12 billion. Talks of an IMF bailout had been doing the rounds during the end months of the previous PML-NRead More

