IGI Securities Limited – Investor Kit

Karachi, March 25, 2019 (PPI-OT): Top News

International Monetary Fund (IMF) and Pakistan are continuing discussions at high level for a bailout package. This was stated by Gerry Rice, Director Communication Department IMF during a media briefing. Replying to a question about the status of the IMF negotiations with Pakistan, Rice said that they are closely engaged in these discussions. “There have been a series of meetings, which we talked about here before, including Madame Lagarde having met with the Prime Minister of Pakistan fairly recently. Those discussions are continuing and there will be a mission to Pakistan shortly, though I do not have the exact date on that [reference to a new IMF mission chief’s trip for introductory meetings with the authorities]”, said Rice. https://fp.brecorder.com/2019/03/20190323457904/

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