Cash-strapped Pakistan is set to formally request a bailout package from the International Monetary Fund (IMF) through the Extended Fund Facility (EFF). Reports suggest Islamabad may seek over 8 billion US dollars during the upcoming IMF/World Bank spring meetings in Washington, DC, from April 15 to 20. It is expected that Pakistan may request for enhanced quota like it did in 2008.
source https://timesofindia.indiatimes.com/world/pakistan/pakistan-to-seek-larger-bailout-package-of-over-8-billion-from-imf/articleshow/108568957.cms
Pakistan to seek larger IMF bailout package of over $8 billion
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March 17, 2024
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