What did IMF tell Pakistan over bailout talks?
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ISLAMABAD - The International Monetary Fund (IMF) on Saturday has asked Pakistan to enhance its exports and privatise the loss-making Public Sector Entities (PSEs).
Sources informed that ministry of finance, the ministry of commerce and Federal Board of Revenue (FBR) officials briefed IMF team.
They informed that IMF has asked Pakistan to take measures to enhance the exports, which are declining from last few years.
The IMF reportedly has asked the Pakistani authorities that increasing exports could help in maintaining the foreign exchange reserves of the country. Similarly, they have also asked to privatise the loss-making PSEs.
