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Debt rescheduling: Ishaq Dar reaches Washington

MM News Staff by MM News Staff
October 13, 2022
Reading Time: 1 min read
File photo

File photo

ISLAMABAD: Federal Finance Minister Ishaq Dar has reached the US capital Washington on a mission to reschedule Pakistan’s foreign debt.

According to the details, there was large-scale destruction due to rains and floods in Pakistan this year, after which the foreign minister and other officials indicated rescheduling the loan. The finance minister will attend the annual meeting of the IMF and World Bank.

Talking to the media in Washington, the finance minister said that the economic situation of Pakistan will be discussed in the annual meeting of the IMF and World Bank. “We want to reschedule Pakistan’s debt,” he said.

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Read more: Rupee registers decline against Dollar as Dar eyes IMF talks

Ishaq Dar said that negotiations will be held with the International Monetary Fund (IMF) and the World Bank to reschedule the loan. Earlier, Ishaq Dar announced that Pakistan will not go to the Paris Club and said that we will welcome the IMF program.

It should be remembered that earlier Ishaq Dar said, “If we are giving relief to the people of Pakistan, what is the problem with anyone? Miftah Ismail is like a younger brother to me. I didn’t mind what they said.”

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