The International Monetary Fund (IMF) has asked Pakistan to take necessary action to stabilise the economy and lay the groundwork for future growth.A high-level Pakistan delegation led by the Advisor on Finance Shahid Amjad Chaudhry and the State Bank of Pakistan Governor Yaseen Anwar held a series of talks with IMF officials in Washington on the sidelines of the recently concluded IMF-World Bank Spring Meetings.According to media reports, on return to Pakistan,Shahid Amjad Chaudhry said the IMF has offered about USD 5 billion extended fund facility at higher interest rate, short disbursement and longer repayment period to help Pakistan repay its debt and to support its balance of payments position
News On AIR | April 25, 2013 11:02 AM
IMF asks Pakistan to take action to stabilise economy