Sunday, 25 August 2019, 12:47:33 am
Recent IMF package will help Pakistan to overcome its balance of payment crises:

Dr. Alia H. Khan (Economist): 

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.