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Pakistan requesting new loan program from IMF: FM

IMF

WASHINGTON DC: Talking to TRT World, Finance Minister (FM) Muhammad Aurangzeb has confirmed that discussions were underway with IMF in order to procure a larger/longer loan program.

While speaking at a roundtable meeting with Bloomberg team here, the FM said that Pakistani Rupee would not devalue due to solid reserves and augmenting volume of exports.

Muhammad Aurangzeb while predicting a prosperous future held since Pakistan was ramping-up assistance to agriculture, industries and IT the national growth would be above 4% in coming years.

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