‘Beyond imagination’: Pakistan PM on IMF fund bailout conditions
Pakistan Prime Minister Shehbaz Sharif said on Friday the International Monetary Fund (IMF) was giving his country a “tough time” over unlocking stalled funding from a $6.5 billion bailout at a time of “unimaginable” economic crisis. Hours after his remark, the Pakistani rupee hit a record low against the US dollar in a steep slide since last week.
“Our economic situation is unimaginable,” the premier said. “The conditions we have to fulfil are beyond imagination,” he said, but admitted that the country has no option but to accept them.
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