Posted 3/11/2024, 2:25:28 AM
Pakistan to Hold Crucial Talks with IMF for $6 Billion Loan Amid Economic Crisis
- Pakistan to initiate difficult talks with IMF this month to seek $6 billion loan package over 3 years
- Debt burden and political stability will be key issues in negotiations
- India has urged IMF to ensure Pakistan does not use loans for defense spending
- Pakistan facing challenging economic situation with high debt levels and 30% inflation
- Securing larger IMF financing package is top priority for new administration
