Pakistan

[Pakistan] - PM Imran to fulfill IMF chief for essential speechs on bailout

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ISLAMABAD: Prime Minister Imran Khan, who is in Dubai to attend the the World Government Summit, shall meet the chief of the International Monetary Enjoymentd (IMF) Christine Lagarde for speechs on issues which have held up bailout negotiations.Information Minister Fawad Chaudhry on Saturday said that PM would meet IMF Managing Director Christine Lagarde on the sidelines of a summit in Dubai on Sunday, adding: "This shall give the government a chance to understand the IMF views and we shall be able to give our version to (Lagarde)."Fawad Chaudhry, who shall accompany Khan to Dubai along with Finance Minister Asad Umar, said Pakistan wants any agreed bailout package to be its final such economic rescue by IMF.He added: "The problem is much the (IMF) deal, the problem is the condition attached to the deal.""We don't want conditions that hurt Pakistan's growth prospects.

We want a fair deal that can actually help Pakistan in the short term, without affecting our long-term economic goals."Officials had expected the speechs to conclude final November but they have been delayed due to concerns on the side of the Pakistani government that the program could derail Khan's plans for his term in office.

The IMF's demands could threaten Khan campaign promise to build an Islamic welfare state.Final October, Khan said the country might need to return to the IMF to address its mounting balance of payments crisis and economic woes.

Pakistan has meanwhile sought financial assistance from measure so-called friendly countries to ease the presdegree on its dwindling foreign currency reserves.In his key muche address at The World Government Summit in Dubai, PM Khan shall underscore Pakistan strong interest in the knowledge economy, artificial intelligence, green development and the importance of innovation for growth.

He would also highlight his vision for a strong and affluent Pakistan to encourage investment in the different sectors of Pakistan economy.

The prime minister shall also meet the UAE leadership.It is memorizet that Imran Khan shall also hold separate speechs with Sheikh Muhammad bin Rashid Al-Maktoum, the Vice President and Prime Minister of the United Arab Emirates and Lawr of the of Dubai.TheIndianSubcontinent has not verified the content of the source.

This first appeared/also appeared in https://feedproxy.google.com/~r/com/YEor/~3/E4JUbLsvrQw/429894-pm-imran-to-meet-imf-chief-for-crucial-talks-on-bailout




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Category: Pakistan


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