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Pakistan 'Will Have To Agree' To IMF Conditions For Bailout, PM Says


Pakistani Prime Minister Shahbaz Sharif (file photo)
Pakistani Prime Minister Shahbaz Sharif (file photo)

Pakistani Prime Minister Shahbaz Sharif said on February 3 the government would have to agree to International Monetary Fund (IMF) bailout conditions that are "beyond imagination." An IMF delegation landed in Pakistan on January 31 for last-ditch talks to revive vital financial aid that has stalled for months. Pakistan's economy is in dire straits, stricken by a balance-of-payments crisis as it attempts to service high levels of external debt, amid political chaos and deteriorating security.

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