ISLAMABAD: Finance Minister Asad Umar speaking on that the Senate on Tuesday replied that the government has certainly not developed a conclusion to contact that the International Monetary Fund (IMF) for a bailout package.
Discussions on the up-to-date economic position are ongoing and the best closing conclusion might be taken once taking that the Parliament in board, Umar replied.
“Even if Pakistan goes to that the IMF programme, this won’t become the first time that Pakistan has gone to the IMF programme. We have gone to that the programme 12 times previously,” he explained.
that the finance minister informed the Senate that previously there was no question in which country’s banks had given loans to Pakistan.
Regarding that the National Finance authorize Award, Umar said it looks the best constitutional obligation and in that the first day following assuming office he directed that the finance secretary to initiate that the process for that the new NFC Award.