Live Markets »News & Advice»Market News»Market News Details
Market News Details
Back

IMF to initiate talks for Pakistan's financial bailout next week: Lagarde

Reuters/Indonesia 11 Oct 18 | 01:50 PM

Christine Lagarde, IMF chief | Photo: Reuters

Pakistan has requested financial assistance from the International Monetary Fund to address its economic challenges, IMF Managing Director Christine Lagarde said on Thursday.

Related Stories

    No Related Stories Found
Widgets Magazine

Lagarde said in a statement that the request came during her meeting with Pakistani Finance Minister Asad Umar, and central bank governor Tarik Bajwa on the sidelines of the IMF and World Bank annual meetings in Bali.

"An IMF team will visit Islamabad in the coming weeks to initiate discussions for a possible IMF-supported economic program," Lagarde said. "We look forward to our continuing partnership."

Widgets Magazine

Sensex

Company Price Gain (%)
St Bk of India292.252.45
Yes Bank191.352.44
Bharti Airtel309.801.51
Tata Motors166.251.43
Maruti Suzuki7,569.951.11

Poll

Currently No Poll Available.

Online Portfolio

You can create Online Portfolio here using the below button.

Widgets Magazine