IMF to send SOS team to cash-strapped Pakistan - The Time 2019

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Friday, September 6, 2019

IMF to send SOS team to cash-strapped Pakistan

The IMF is sending its SOS mission to Pakistan this month for suggesting ways to the cash-strapped government to curtail the yawning budget deficit being faced by the country, according to a media report on Friday. In July, the International Monetary Fund (IMF) formally approved a $6 billion loan to Pakistan, which is facing "significant" economic challenges on the back of "large" fiscal and financial needs and "weak and unbalanced" growth.

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