ISLAMABAD – The International Monetary Fund has agreed to lend Pakistan sixbillion dollar to bail it out of a balance-of-payment crises, ending monthsof negotiations amid a slumping economy.
This bailout package will definitely support the government in overcomingeconomic challenges to the great extent.
Pakistan will be in a position to avail bailout package from the World Bankand the Asian Development Bank up to three billion dollar in additionalassistance.
Through the package, Pakistan will resolve its balance-of-payment crises.
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The bailout will help bridge the gap this year as well as in the comingthree years.
