Pakistan needs to pass budget agreed with IMF to get loan assistance ...Middle East

Opinion by : (Devdiscourse) -
Pakistan will have to take two more "prior actions" to secure economic relief package from International Monetary Fund (IMF) - Passing the federal budget as agreed with the monetary organization, as well as, presenting a memorandum of understanding (MoU) duly signed by the provincial governments. Pakistan is under a heavy financial crunch and has secured a deal with the International Monetary Fund (IMF) to restore the stalled USD 6 billion package, however, the road ahead is not easy to get two combined tranches of about USD 1.85 billion from the IMF by the end of July or early August.

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