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Reuters
Reuters
Business
By Asif Shahzad

IMF giving Pakistan tough time in 'unimaginable' economic crisis - PM

FILE PHOTO: Pakistan's Prime Minister Shehbaz Sharif speaks at a news conference, during a summit on climate resilience in Pakistan, months after deadly floods in the country, at the United Nations, in Geneva, Switzerland, January 9, 2023. REUTERS/Denis Balibouse

Pakistan Prime Minister Shehbaz Sharif said on Friday the International Monetary Fund 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 U.S. dollar in a steep slide since last week.

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