Main content

Pakistan鈥檚 Finance Minister says he wants IMF bailout package to be the last

The cash-strapped country will use the IMF funds to help get its economy back on track and achieve greater stability

Pakistan鈥檚 Finance Minister Muhammad Aurangzeb exclusively tells World Business Report the latest and 24th IMF bailout should be its last.
Its Prime Minister Shehbaz Sharif has said the disbursement of $1.1 billion by the International Monetary Fund (IMF) will help the country achieve greater economic stability, amid discussions for a new loan programme. The funding was the second and final tranche of Pakistan's $3 billion standby arrangement with the IMF which it secured last summer to help avert a sovereign default.

Also, in the programme, we look at how the risk of flooding or landslides are affecting people living in Kenya.

(Picture: Many 5000 Rupees Pakistani Currency Note. Picture credit: Getty Images)

Available now

27 minutes

Last on

Wed 1 May 2024 14:32GMT

Broadcast

  • Wed 1 May 2024 14:32GMT