*ISLAMABAD: Pakistan is expected to receive financial assistance of up to$8 bn from World Bank after the former has already reached an understandingwith the International Monetary Fund (IMF) for a bailout package.*
In this regard, it was learnt that Prime Minister Imran Khan is scheduledto meet the CEO of World Bank Kristalina Georgieva during his visit toChina on April 26.
During the meeting, the premier would discuss country’s economic outlookwith the Bank’s top executive.
The prime minister would be flanked by his Advisor on Finance Abdul HafeezShaikh and his Advisor on Trade Abdul Razaq Dawood.
The delegation would apprise the World Bank of the Pakistan Tehreek-i-Insafgovernment’s economic policies.
Sources privy to the development say the government is expected to seal afinancial assistance package of between $6bn to $8bn.
In March, the then Finance Minister Asad Umar had informed that talks withthe IMF had been fruitful and a formal agreement between the country andthe Fund was expected to be signed by “late April or first half of May”.