Without a bailout
, it would have turned into a sensitive issue.
Pakistan and IMF had finalised the bailout
package after months-long talks pertaining to the size of the bailout
package as well as conditions attached to it on Sunday.
The conditions for bailout
package will bring poverty, inflation and unemployment, she added.
Briefing the Senate on Thursday in response to a call-attention notice by PPP's Senator Sherry Rehman, Minister of State for Revenue Hammad Azhar said that the government would soon brief the parliament and take into confidence regarding the terms and conditions of the bailout
package agreed with the IMF.
According to an international news organisation, Indian delegation held a meeting with IMF this week in Washington during which it opposed IMF's bailout
package for Pakistan.
While briefing the National Assembly's Committee on Finance, Revenue and Economic Affair here, he informed that the government expected that the IMF bailout
package would give around US$ 6 to 8 billion.
Pakistan would receive funds from the World Bank and Asian Development Bank immediately following the IMF bailout
, he said.
fund, although was given as a salary bailout
for most states, it was channelled to other operational costs for obvious reasons.
How long was it worked upon before being forwarded to the ECC, attached to a request for Rs17bn as an emergency bailout
? Tackling the ingrained problems of SOEs is one of the biggest challenges facing this government, and one can be sure the time to set the ball rolling has arrived when bailout
requests start coming in.
On October 11, Pakistan formally requested IMF for bailout
package after Federal Minister for Finance Asad Umar met IMF chief Christine Lagarde.
It seems Imran Khan's charm offensive at the annual Future Investment Initiative (FII) Conference in Riyadh has worked as Saudi Arabia has granted a $6 billion bailout
package for Pakistan's ailing economy.
Looking sombre, Tsipras said: "We will not commit the affront of ignoring the lessons of the bailout