Pakistan, IMF Reach Agreement In Principle Over Bailout Package: Minister
Monday, 15 April 2019 An “agreement in principle” between Pakistan and the International Monetary Fund (IMF) over a bailout package has been reached, the country’s state minister for revenue said on Monday after the lending body announced the arrival of its staff mission in Islamabad later this month, Reuters reported. A mission team from the IMF will arrive in Pakistan this month, the IMF confirmed in a statement, the report said. Minister Hammad Azhar confirmed the staff mission’s visit was exclusively aimed at finalizing technical details, Reuters reported. Azhar announced the agreement in principle in a tweet hours after Pakistan’s Finance Minister Asad Umar returned home from Washington where he had meetings...
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