Bailout in the Balance as Pakistan Meets With IMF Officials
- IMF visiting delegation to hold routine meetings in Islamabad
- Pakistan economic adviser says IMF bailout looks likely
Less than 1 percent of the Pakistan’s more than 200 million people file tax returns
Photographer: Asim Hafeez/BloombergThis article is for subscribers only.
Pakistan’s government will meet with International Monetary Fund officials on Thursday with a potential bailout looking increasingly likely, according to a member of the country’s Economic Advisory Council.
An IMF visiting delegation will sit down with Pakistani officials at 11 a.m. in Islamabad, according to the finance ministry. While the talks are part of routine Article IV discussions, Pakistan’s need for external funding and its widening current-account and fiscal deficits will likely loom over the meeting.