Pakistan’s IMF Bailout Faces Potential Delay Until October Over Unmet Financing Gap
The approval of Pakistan’s much-needed $7 billion bailout from the International Monetary Fund (IMF) is threatened by the possibility of being put off until October if the country cannot find the financing guarantees needed. The Washington-based lender has laid down stringent terms for the 37 months Extended Fund Facility (EFF), while Pakistan is in dire […]