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Reuters
Reuters
Business
By Asif Shahzad and Ariba Shahid

Cash-strapped Pakistan talks to IMF in bid to unlock $7 billion bailout

Pakistan
FILE PHOTO: A currency broker stands near his booth, which is decorated with pictures of currency notes, while dealing with customers, along a road in Karachi, Pakistan January 27, 2023. REUTERS/Akhtar Soomro/File Photo

Cash-strapped Pakistan on Tuesday held a first round of talks with the International Monetary Fund (IMF) in a bid to unlock stalled funds from a $7 billion bailout to ward off economic meltdown.

Finance Minister Ishaq Dar met IMF Pakistan Mission Chief Nathan Porter, the finance ministry said, and briefed him on the "fiscal and economic reforms and measures being taken by the government in different sectors".

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