Ishaq Dar leaves for US to hold negotiations with IMF, WB

ISLAMABAD: Finance Minister Ishaq Dar along with a delegation on Tuesday left for the United States (US) to negotiate with the international lenders, ARY News reported.

As per details, the delegation led by Finance Minister Ishaq Dar will hold negotiations with the International Monetary Fund (IMF) and the World Bank (WB).

Pakistan has been demanding of the international lenders for new terms for Pakistan amid devastating floods in the country.

Earlier, Ishaq Dar held a virtual meeting with International Monetary Fund (IMF) Mission Chief, Nathan Porter after taking charge of the finance ministry.

According to the handout released by Finance Ministry, the finance minister briefed IMF about the economic situation caused by the devastating floods in the country which affected infrastructure, crops and the livelihood of the people.

In his recent visit to US, FM Bilawal Bhutto Zardari said that the floods in Pakistan are a global disaster and should be understood at the global level.

FM Bilawal Bhutto in an interview on French TV in New York and said that an agreement was recently signed with the IMF for economic stability, but all the estimation and figures of the agreement were washed away by the recent flood.