Khan while addressing media persons in Lahore on Tuesday said: "Two families have been looting the country for 30 years. Over 750,000 Pakistanis have left the country ... there is a fear of where Pakistan is going [under the PML-N led coalition government]."
Pakistan is facing its worst economic crisis since its birth and a grim scenario dodges Islamabad in 2023 amid rising foreign debts, inflation, and falling foreign exchange reserves.
Georgieva warned that 2023 is going to be tougher on the global economy than the one left behind. "Why? Because the three big economies, US, EU, China, are all slowing down simultaneously," she said.
To pave the way for a staff-level agreement and release of $1 billion tranche under the Extended Fund Facility (EFF), a timeframe of two to three weeks has been given for implementing "all required actions".
The IMF visit to Pakistan which was scheduled for October has been delayed amidst differences between Pakistan's commitment to the IMF on fiscal consolidation.
The visit of the IMF monitoring mission scheduled for October end has been delayed amid the differences between Islamabad's commitment to the IMF on fiscal consolidation and its actual decisions.
People of Sri Lanka demanded the resignation of President Gotabaya Rajapaksa and Prime Minister Mahinda Rajapaksa as they blamed their government for the mismanagement of the country's economy.
The IMF official had participated in the deliberations at the First G20 Finance and Central Bank Deputies Meet in Bengaluru and she had tweeted a video clip on a social media website, explaining these areas.
Debt restructuring is one of the prerequisites of the IMF's bailout package for Sri Lanka. The process is, however, getting delayed due to Sri Lanka's dire situation and a delay in concrete commitment from China, the island nation's largest bilateral lender. Sri Lanka seems to be missing its