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Updated By: LatestGKGS Desk

IMF: Bail Out Package Eligibility, Requirements, Financial Aid for Pakistan

 

 

Prime Minister of Pakistan Imran Khan needs 6billion financial aid dependence on an IMF bailout package

Imran Khan Prime Minister of Pakistan wants financial assistance to minimise cash-strapped Pakistan's dependence on an IMF bailout package.

Prime Minister of Pakistan arrived UAE on a day-long visit to the Gulf country, where he has asked for 6 billion financial aid, he was visiting the UAE for the second time in the last two month.

Imran Khan met with Sheikh Mohammed bin Zayed the crown prince of Abu Dhabi and deputy supreme commander of the UAE's Armed forces at the Presidential Palace in Abu Dhabi.

This association is unusually tough on Pakistan on the fiscal and monetary fronts.

Pakistan wants USD 6billion financial assistance from the UAE in the shape of cash deposit and oil on deferred payment.

Both the sides may sign the memorandum of understanding on the financial assistance package.

As the result, Saudi Arabia had agreed to provide Pakistan with a USD 6 billion rescue package during Prime Minister of Pakistan visit.


 

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