Why Pakistan is not going to IMF? Revealed PM Khan
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ISLAMABAD– Prime Minister Imran Khan said Pakistani passport will be respected across the globe. He said the government will reduce current account through tourism only.
Prime Minister Imran Khan said that it was easy to approach the International Monetary Fund (IMF) for a bailout package but it had tough preconditions.
He said: "The easiest way to bring relief was to go to the IMF (International Monetary Fund) like previous governments kept doing, and the other route was to go to friendly nations and ask them to lend assistance to us. That is what we did, because we needed long-term solutions."
he said that the inflation would have increased if the government had approached the IMF.
The prime minister said that Pakistan is going through tough phase due to bad governance and corruption, adding that difficulties are to be faced to achieve something.
Imran Khan went on to say that the balance of payment crisis has not resolved yet, adding that no other government has face deficit like this.
The prime minister exhorted the overseas Pakistanis to come forward and enthusiastically purchase the certificates to make this scheme a success.