Pakistan’s premier Shahbaz Sharif met Thursday with the head of the International Monetary Fund on the sidelines of a global financing meeting in Paris, hoping to unlock a $6 billion bailout and gain the release of a critical tranche of $1.1 billion in loans which has been on hold since November.
The meeting between Sharif and IMF’s Managing Director Kristalina Georgieva at the Summit for a New Global Financing Pact comes a week before the $6 billion bailout package originally signed between the IMF and the country’s former Prime Minister Imran Khan in 2019 expires.
