Pak PM credits 'friendly' nations for upcoming IMF loan deal

Pak PM credits 'friendly' nations for upcoming IMF loan deal

Prime Minister Shehbaz Sharif on Friday credited a group of "friendly countries", including China, for the USD million International Monetary Fund loan that the global lender is likely to approve later this month.

Talking to young parliamentarians belonging to his Pakistan Muslim League-Nawaz (PML-N) party in Islamabad, Sharif also appreciated the efforts made by Army chief Asim Munir and deputy prime minister Ishaq Dar in the process to secure the loan, saying that the IMF's board meeting is scheduled to be held on Sep 25 to approve the loan.

He gave credit to Saudi Arabia, the UAE, and China for their pivotal roles in securing the IMF programme. “Had it not been for the contributions of these friendly countries, it would have been impossible to secure the IMF deal,” the prime minister said.