US warns IMF against bailout for Pak
United States (US) Secretary of State, Mike Pompeo has warned against providing an International Monetary Fund bailout for Pakistan's new government that includes funding to pay off Chinese lenders. In an interview with CNBC television on July 30, Pompeo said, the US looked forward to engagement with the government of Pakistan's expected new prime minister, Imran Khan, but said there is 'no rationale' for a bailout that pays off Chinese loans to Pakistan. "We will be watching what the IMF does," Pompeo said.
Tags: Pakistan, IMF, Bailout, USA,
Tue, Jul 31, 2018, 04:23 PM
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