Doubts on Pakistan’s ability to repay IMF loans.
The Washington-based bank’s assessment of Pakistan’s economy comes as an IMF support team arrived here on Friday to hold talks with officials.
The International Monetary Fund (IMF) said Pakistan will face major challenges in repaying its debt. have to face In addition, the organization has decided to pay off the debt of the country facing the global financial crisis. His ability has been questioned. This information was given in a media report on Saturday. The Washington-based bank’s assessment of Pakistan’s economy comes as an IMF assistance team arrives here on Friday to hold talks with officials.
Islamabad requested a new aid package under the Expanded Funding Facility (EFF). A team has arrived to discuss this request from the IMF. Geo News earlier this month issued a statement on Pakistan in a staff report citing IMF debt. Pakistan’s ability to repay is at serious risk. is subject to, and is responsible for the policies and timely implementation. Dependent on external financing. It has been mentioned in the report. In particular, delays in adopting reforms, high public debt and overall financing needs, and socio-political factors affecting policy implementation, can put you in trouble.
