Pakistan meets IMF bailout conditions with help from 'friendly' nations, Sharif says

World Economic Forum (WEF) in Riyadh
FILE PHOTO: Pakistan's Prime Minister Shehbaz Sharif speaks at the World Economic Forum (WEF) in Riyadh, Saudi Arabia, April 28, 2024. REUTERS/Hamad I Mohammed/File Photo
Source: REUTERS

Pakistan meets IMF bailout conditions with help from 'friendly' nations, Sharif says

"Friendly" countries have helped Pakistan to meet requirements necessary to secure a bailout by the International Monetary Fund (IMF), Prime Minister Shehbaz Sharif said on Thursday.

Islamabad had been working on implementing conditions from the IMF to complete a $7 billion, 37-month loan programme agreed in July, which Pakistan hopes will be its last.

This article was produced by Reuters news agency. It has not been edited by Global South World.