Pakistan's finance minister has announced that the country is aiming to secure a new loan from the International Monetary Fund (IMF) by early July. This development comes as Pakistan continues to navigate economic challenges exacerbated by the global COVID-19 pandemic.
The IMF loan is expected to provide much-needed financial support to Pakistan as it grapples with a widening fiscal deficit and mounting debt obligations. The country's finance minister expressed optimism about the loan approval process, highlighting the government's commitment to implementing structural reforms to stabilize the economy.