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IMF visit

No plans of seeking loan from IMF as yet: Finance Minister

ISLAMABAD: Finance Minister Asad Umar has once again categorically denied plans of seeking financial assistance from the International Monetary Fund (IMF) as of yet. Addressing to the Chambers of Commerce Islamabad on Friday, the federal minister informed that government does not intend on taking any loans from the IMF until now and regarding ongoing talks with the IMF delegation, Umar said, “They are part of routine.” “However, if we need to approach IMF for a bailout then the talks that are taking place right now…

IMF put off Islamabad visit after terror attacks

ISLAMABAD: Recent wave of terrorism in Pakistan caused postponement of a visit of IMF delegation to Islamabad, sources said. The International Monetary Fund (IMF) delegation was scheduled to visit Pakistan next week to meet the Pakistani officials in Islamabad first after several years due to improved security in the country. These talks were previously being held in the UAE. The sources from the IMF as well as the finance ministry have confirmed reports about postponement of the meeting after the recent spate of…