Saturday 20 July 2019
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wn.com - 1 month ago

US expresses strong views on IMF loan to Pakistan, pushes for conditionality

Washington: The US has communicated its strong views on an IMF bailout package to cash-strapped Pakistan and sought conditionality , a top State Department official has said, amidst concerns in the Trump administration that the aid could be utilised to pay off the Chinese debts. Pakistan last month reached an agreement with the Washington-headquartered International Monetary Fund (IMF) for a USD 6 billion bailout package aimed at shoring up its finances and strengthening a slowing economy as tries to overcome a ballooning...


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