Dawn: Govt to seek IMF bailout programme

Arab News Pakistan
Ending the long drawn-out uncertainty, the government on Monday announced its decision to approach the International Monetary Fund (IMF) for balance-of-payments support and enter into a stabilization programme. (REUTERS)

October 9 – Dawn report by Khaleeq Kiani states that ending the long drawn-out uncertainty, the government on Monday announced its decision to approach the International Monetary Fund (IMF) for balance-of-payments support and enter into a stabilization programme. Finance Minister Asad Umar left for Indonesia on Monday night to participate in the annual meetings of the IMF and World Bank at Bali, scheduled to run from Oct 9 to 12, and formally request a bailout programme.

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