Pakistan to approach IMF for 2nd bailout package
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Last Updated: Apr 07, 2021, 12:22 PM IST
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Synopsis We are going to speak to the IMF because we see disruptions ahead. Just when our economy was recovering and all the indicators were positive, unfortunately, we will have to review the whole situation and our new Ehsaas Programme, Khan said.
Reuters
The announcement by the premier came during the launch ceremony of the UN Development Programme s (UNDP) Pakistan National Human Development Report on Inequality.
In a major decision aimed at curbing the worsening financial and economic situation of Pakistan due to the Covid-19 pandemic, Prime Minister Imran Khan has announced that his government will reach out to the International Monetary Fund (IMF) again, seeking a second relief package.
Pak to approach IMF for 2nd bailout package
Wed, Apr 7 2021 12:06 IST |
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Pak to approach IMF for 2nd bailout package.. Image Source: IANS News
Islamabad, April 7 : In a major decision aimed at curbing the worsening financial and economic situation of Pakistan due to the Covid-19 pandemic, Prime Minister Imran Khan has announced that his government will reach out to the International Monetary Fund (IMF) again, seeking a second relief package.
The announcement by the premier came during the launch ceremony of the UN Development Programme s (UNDP) Pakistan National Human Development Report on Inequality. We are going to speak to the IMF because we see disruptions ahead. Just when our economy was recovering and all the indicators were positive, unfortunately, we will have to review the whole situation and our new Ehsaas Programme, Khan said.
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