ISLAMABAD (ENN) The government has decided to approach International Monetary Fund (IMF) to deal with the prevalent financial crisis, according to Finance Minister Asad Umar.
Umar in his video message said talks with the IMF will start “immediately” as Prime Minister Imran Khan has given a go-ahead in this regard.
He said the country is going through a tough time, which has been left behind by the previous government. “We have to find a way to get out of this difficult situation.”
Pakistan Tehreek-e-Insaf had been critic on previous governments for taking loans from IMF and Imran Khan while addressing a gathering in past had said “he would prefer to die before approaching IMF for loan as according to him it results in huge taxes on poor people.
According to economic experts, the government’s delay in approaching IMF has resulted in more crises in the country.