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IMF to send SOS team to cash-strapped Pakistan

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The IMF is sending its SOS mission to Pakistan this month for suggesting ways to the cash-strapped government to curtail the yawning budget deficit being faced by the country, according to a media report on Friday. In July, the International Monetary Fund (IMF) formally approved a $6 billion loan to Pakistan, which is facing "significant" economic challenges on the back of "large" fiscal and financial needs and "weak and unbalanced" growth.

from World News Headlines, Latest International News, World Breaking News - Times of India https://ift.tt/2PMW4G3

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