How IMF package will save Pakistan from a big crisis?
ISLAMABAD - The International Monetary Fund has agreed to lend Pakistan six billion dollar to bail it out of a balance-of-payment crises, ending months of negotiations amid a slumping economy.
This bailout package will definitely support the government in overcoming economic challenges to the great extent.
Pakistan will be in a position to avail bailout package from the World Bank and the Asian Development Bank up to three billion dollar in additional assistance.
Through the package, Pakistan will resolve its balance-of-payment crises.
The bailout will help bridge the gap this year as well as in the coming three years.