IMF Board Meeting to Decide on a $1.1 billion bailout for Pakistan

IMF Board Meeting to Decide on a $1.1 billion bailout for Pakistan

Saltwire

Pakistan needs $24 billion in payments for debt and interest servicing in the next fiscal year starting July 1. Pakistan's Finance Minister, Muhammad Aurangzeb, has said Islamabad could secure a staff-level agreement on the new program by early July. If successful, it would be the 24th IMF bailout for Pakistan.

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