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Monday, October 8, 2018

After more drama, the PTI government announced to open IMF for the outgoing package


Islamabad: After six weeks of argument, Pakistan has announced to link to the International Financial Fund (IMF), aimed at protecting international liabilities from default and to restore trust between investors. 

Finance Minister Asad Umar announced a record video message on Monday that "With the current situation and consultation after taking into account, with the leading economists, the government decided to deliver the international financial institutions to the balance program. What is it?
The government has decided that after friendly countries, Prime Minister Imran Khan should not tolerate it after tracking the bowl with Saudi Arabia himself.

Advisor to Chief Minister of the Prime Minister, Rizk Daud, who was with the Prime Minister visited his Saudi Arabia, as "it was terrible to do good with Saudi Arabia".

The IMF indicates the Government regarding the bail agreement

In order to advance the details, the Finance Minister will meet with the leadership of IMF this weekend at the World Bank - IMF annual summit in Bali, Indonesia.

On October 6, the government announced that this decision is ready to take steps to "reform reforms" so that the national economy should be back on the track and to increase the potential of the initial finalization of the International Monetary Fund bailout package. Increasing political and economic costs.

The Finance Ministry issued a public sign that equally expressed the views of IMF's views. He pointed out that the government has finally made its mind to go to IMF.

A handout was released one day after which the financial manager told the Prime Minister that the IMF was the only capable option to get out of the country's current economic crisis.

The Finance Ministry said, "To carry forward, the government is committed to taking a decisive reform adjustment to restore the economy on the path of stability and development."

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