IMF postpones the second review of $6 billion bailout package for Pakistan
IMF postpones the second review of $6 billion bailout package for Pakistan
Share:

Islamabad: Coronavirus spread all over the world has caused a furore in Pakistan too. The number of people infected with Coronavirus in Pakistan has reached 4322 so far. According to the report of the Ministry of National Health Service, 248 new cases of coronavirus have been registered during the last 24 hours, the situation is deteriorating day by day due to poor health system, while the government's failure is also visible.

Meanwhile, the IMF has also given a big shock to Pakistan. The International Monetary Fund (IMF) has postponed the decision on the third installment to be given to Pakistan under the $ 6 billion bailout package. With the challenge of Karona, the economic crisis has increased in front of Pakistan, according to information that Pakistan has not been able to meet the IMF conditions for the loan. Due to the funding, the difficulties of Pakistan are increasing. Economic conditions are already very bad here due to Coronavirus, which is why Pakistan PM Imran Khan, scared of economic crisis, is also shying away from locking down in the country.

According to the information, the IMF will not currently consider Pakistan's request for approval of the loan under the $ 6 billion package. A review meeting was to be held on 6 March, but the IMF postponed it till 10 April. After this meeting, Pakistan was going to get a package of 6 billion dollars.

Also Read:

Health Minister was roaming violating lockdown, PM expelled him

Corona outbreak in Pak, more than 200 people infected in 24 hours

Pakistan again accuses India, Pakistan not ready to fight Corona

11 Indians die in America due to coronavirus

 

Join NewsTrack Whatsapp group
Related News