Pakistan Seeks Over $8 Billion IMF Bailout Package, Explores Climate Finance

• Pakistan seeking over $8 billion bailout package from IMF under Extended Fund Facility • Finance minister leading delegation to IMF/World Bank spring meetings to request package • Pakistan may request enhanced quota like in 2008 when it got 700% of quota • Also considering climate finance instrument as Pakistan qualifies due to climate degradation • Pakistan informed IMF it won't allocate additional budget for CPEC power plants beyond current fiscal year