Dar meets US envoy Blome: PML-N scrambles to revive IMF deal
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ISLAMABAD: Pakistan Muslim League-Nawaz government is scrambling to revive programme with International Monetary Fund (IMF) amid steep fall in foreign loan disbursements to just $ 8.4 billion this fiscal year.
Finance Minister Ishaq Dar has approached US Ambassador to Pakistan Donald Blome for assistance in restoration of IMF programme.
Dar reportedly met Blome and discussed bilateral issues of mutual interest. He requested latter to help Pakistan in securing IMF tranche and salvaging deal.
Earlier this month, Cabinet member revealed that IMF has rejected Pakistan's request to lower requirement of arranging $ 6 billion in new loans, leaving government with no alternative but to try and revive deal.