Economics
Imran Khan Pledges Deep Reforms as Pakistan Nears IMF Deal
- IMF chief vowed support to Pakistan After Meeting Khan
- S&P downgraded Pakistan this month citing delay in IMF deal
Wholesale market in Karachi.
Photographer: Asif Hassan/AFP via Getty Images
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Pakistan is close to a deal with the International Monetary Fund after nation’s Prime Minister Imran Khan pledged to carry out deep structural reforms of an economy that’s staring at a balance-of-payment crisis.
There was a convergence of views on structural reforms in a meeting with Managing Director Christine Lagarde in Dubai on Feb. 10, Khan said in a twitter post. Pakistan is close to an agreement after differences have narrowed, Finance Minister Asad Umar told reporters on Monday.