Monday , April 6 2020

Pakistan, IMF reach consensus to finalize bailout package: Asad

Ased Umar

Minister for Finance Asad Umar has said that Pakistan had reached a consensus with the International Monetary Fund on all issues to finalize the bailout package.

Briefing the National Assembly’s Committee on Finance, Revenue and Economic Affair in Islamabad, he said both sides during his recent visit to Washington agreed in principle on the bailout package.

Asad Umar said IMF team will visit Islamabad during the current month to finalise the bailout package amounting six to eight billion dollars.

The Finance Minister said IMF had not given any guidelines or made demands regarding electricity and gas tariffs.

He said the government has also no plan to increase the prices of electricity and gas in coming days.

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