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IMF asks Pakistan to share details of loans from China

According to the Express Tribune, IMF, during a recent meeting, voiced concern about Beijing's financial assistance to Islamabad

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Islamabad: International Monetary Fund (IMF), who is currently considering a bailout package for Pakistan, has asked the latter to share details of loans that it has received from China. According to the Express Tribune, IMF, during a recent meeting, voiced concern about Beijing's financial assistance to Islamabad.

However, Pakistan assured the IMF that there is no overlapping between the two programmes (IMF bailout and CPEC), reported Dawn. Pakistan Finance Minister Asad Umar has said that Pakistan and the IMF will reach a full agreement in the coming days. "During the last two days, we have, more or less, reached an understanding. In the next day or two, we hope to reach a full agreement and then we will share the details with you," the finance minister said after a meeting with World Bank Group President David R Malpass and senior officials of IMF.

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