YOUR GATEWAY TO INDONESIA AND SOUTHEAST ASIA
Search
xxx hd
No image

IMF to Meet Monday to Decide on Pakistan Bailout

The executive board of the International Monetary Fund is slated to convene Monday to decide whether to disburse over $1 billion in loans to Pakistan. The move will unlock critically needed additional foreign funding as the country struggles to avoid economic collapse amid high inflation and low foreign exchange reserves.

While Pakistan’s economic woes are nothing new, experts say its strategic significance compe