IMF, Islamabad open talks for a new loan, says Pakistan finance ministry

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King Charles Bestows Accolade on Local Winemaker | SaltWire #wine #novascotia #award #kingcharlesISLAMABAD - An International Monetary Fund mission has opened discussions with Islamabad on a new loan programme, a Pakistan finance ministry statement said on Monday.

Pakistan is likely to seek at least $6 billion and request additional financing from the Fund under the Resilience and Sustainability Trust. The IMF team is visiting ahead of Islamabad's annual budget-making process for the next financial year, which starts on July 1.

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