Times of Islamabad

PTI Government sets condition for the IMF bailout package

PTI Government sets condition for the IMF bailout package

ISLAMABAD – Finance Minister Asad Umar has said that the government willonly avail the IMF bailout in case of an attractive package offer,otherwise other options would he used.

He said government is taking significant decisions for the economicdevelopment and there is no chance that the country may default.

Talking to prominent anchorpersons of TV channels in Islamabad on Thursday,he said that increase in the exports and remittances has decreased thetrade deficit of the country.

Asad Umar said the government is in touch with the IMF and agreement withit will be signed in case of any attractive program.

He said the government is focusing on alternative means to achieve funds tostrengthen the economy.

Asad Umar said concrete measures are also being taken to attract foreigninvestment in the country.