Tuesday, 20 August 2019, 02:25:24 pm
IMF bailout package will restore confidence of foreign investors:

Dr. Ashfaque Hasan Khan (Adviser to the Ministry of Finance):

Prime Minister has reiterated his commitment to introduce reforms in different fields including economic reforms. The hard IMF conditions can be painful for the people and Prime Minister wants to extend minimum burden on the public. So the terms and conditions of IMF for bailout package could be adjusted accordingly. The government and IMF will work together on reforms aimed at reducing imbalances. IMF is not going to give a lot of money and it will be nearly six to seven billion dollars. The IMF bailout package to Pakistan will give confidence to other international organizations to invest in Pakistan.