IMF team to visit Pakistan in June to discuss economic vulnerabilities with new Govt: IMF

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WASHINGTON: An IMF team is to visit Islamabad in late June to continue the policy discussions with the new government on mitigating economic vulnerabilities in Pakistan.

Answering a question at a press conference whether the Fund had offered $ 5 billion of aid to Pakistan and were there any conditions attacked with it, Gerry Rice, IMF Director, Communications Department said that there has been no formal request for a programme from the Pakistani authorities as yet.

Mr Rice however admitted that the authorities met with the Fund during the Spring Meetings a few weeks ago. He said discussions there cantered around the difficult economic challenges facing Pakistan, and our urging of the authorities to begin taking the necessary actions to help stabilize the economy and lay the groundwork for future growth.

Courtesy: Business Recorder

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