Pakistan Seeks Bigger, Longer Bailout from IMF While Pushing Reforms

• Government seeks to negotiate a larger, longer economic bailout package with the IMF during upcoming talks • IMF team due in Islamabad this week for second review of current $3 billion package • Finance minister hints at potential cut in central bank's policy rate • Pledges rapid implementation of digitization of tax system and expansion of tax base • Announces imminent privatization of national airline PIA