The comments came after the IMF agreed to a staff-level agreement with Islamabad which, if approved by its board, would disburse the last tranche of USD 1.1 billion under an existing USD 3 billion standby arrangement.
Amid the economic crisis, Pakistan Prime Minister Shehbaz Sharif vowed to get his country out of foreign debt, declaring that the country would get rid of the International Monetary Fund (IMF), Geo News reported.
Pakistan federal cabinet is set to take oath today (Monday) at 3 pm following days of consultation on its formations, Geo News reported, citing sources.
Pakistan Prime Minister-designate Shehbaz Sharif, in a slip of the tongue, referred himself as the 'Leader of Opposition' while addressing the National Assembly on Sunday, Geo News reported.
Pakistan Muslim League-Nawaz (PML-N) President Shehbaz Sharif will take oath on Monday as Pakistan's 24th Prime Minister, as reported by ARY News, citing sources.
The newly elected Prime Minister of Pakistan, Shehbaz Sharif on Sunday, highlighted the economic crunch faced by the country and said that even the expenditures of the National Assembly were being paid by borrowed money.
Pakistan National Assembly Speaker Sardar Ayaz Sadiq announced Shehbaz Sharif has been elected Pakistan's PM as he secured 201 votes while Pakistan Tehreek-e-Insaf (PTI) leader and Sunni Ittehad Council (SIC) candidate for prime minister, Omar Ayub Khan, received 92 votes.