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Pakistan’s Finance Minister says he wants IMF bailout package to be the last

Pakistan’s Finance Minister says he wants IMF bailout package to be the last

Released Wednesday, 1st May 2024
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Pakistan’s Finance Minister says he wants IMF bailout package to be the last

Pakistan’s Finance Minister says he wants IMF bailout package to be the last

Pakistan’s Finance Minister says he wants IMF bailout package to be the last

Pakistan’s Finance Minister says he wants IMF bailout package to be the last

Wednesday, 1st May 2024
Good episode? Give it some love!
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Pakistan’s Finance Minister Muhammad Aurangzeb exclusively speaks to World Business Report about the latest and 24th International Monetary Fund bailout for the country - and says it should be its last.

In this extended podcast version of the interview with Mr. Aurangzeb, he talks to Will Bain about the steps he thinks are necessary for Pakistan to achieve economic stability.

The country's Prime Minister Shehbaz Sharif has previously said the disbursement of $1.1 billion by the IMF will help the country achieve that, amid discussions for a new loan programme. The funding was the second and final tranche of Pakistan's $3 billion standby arrangement with the IMF which it secured last summer to help avert a sovereign default.

Also, in the programme, we look at how the risk of flooding or landslides are affecting people living in Kenya.

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