IMF Team In Pakistan To Review Financial Situation

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ISLAMABAD (Pakistan): A team of the International Monetary Fund is in Islamabad to review the performance on the financial front of Pakistan, which is struggling with cash crisis.

The IMF has approved a 6 billion dollars stimulus package to help Pakistan recover from the financial crisis.

Pakistan is taking this loan to bring its fragile economy back on track and to improve the standard of living of the people.

According to the IMF report, after the successful completion of the first review, Pakistan will be able to take about  453 million dollars from the IMF in December.

With this, the total monetary fund lending to Pakistan will be about 1.44 billion dollars.

Apart from the IMF, Pakistan has also received relief packages from Qatar, China, Saudi Arabia and the United Arab Emirates to handle its financial situation.

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