Pakistan may not go for IMF bailout package: Sources
ISLAMABAD – Pakistan may not go for IMF bailout package, sources have revealed.
Economic Coordination Committee have on Sunday voted against approaching International Monetary Fund (IMF) for bailout package.
As per details garnered, Finance Minister Asad Umar briefed attendants on conditions tabled by the international monetary body.
While terming IMF’s conditions ‘harsh’, the attendants warned that economic woes of Pakistan could worsen further after taking bailout.
On the other hand, Prime Minister (PM) Imran Khan has also directed ministry of finance to devise ‘Plan-B’.