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World Business Report: First broadcast 01/05/2024 14:32 GMT : Pakistan’s Finance Minister says he wants IMF bailout package to be the last

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

First broadcast 01/05/2024 14:32 GMT 

First broadcast 01/05/2024 14:32 GMT : Pakistan’s Finance Minister says he wants IMF bailout package to be the last

BBC World Service - World Business Report, Pakistan’s Finance Minister says he wants IMF bailout package to be the last

He says the country has to focus on growing exports and digitising taxation

The cash-strapped country will use the IMF funds to help get its economy back on track and achieve greater stability

Pakistan’s Finance Minister Muhammad Aurangzeb exclusively tells World Business Report the latest and 24th IMF bailout should be its last.
Its Prime Minister Shehbaz Sharif has said the disbursement of $1.1 billion by the International Monetary Fund (IMF) will help the country achieve greater economic stability, 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.

(Picture: Many 5000 Rupees Pakistani Currency Note. Picture credit: Getty Images)

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First broadcast 01/05/2024 14:32 GMT : Pakistan’s Finance Minister says he wants IMF bailout package to be the last

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