Skip to content

Pakistan's Finance Minister to Meet with IMF in Geneva to Discuss Bailout

Pakistan's finance minister, Ishaq Dar, will meet with an International Monetary Fund (IMF) delegation on the sidelines of a conference in Geneva on January 9th.

IMF Logo
IMF Logo

The IMF has yet to approve the release of $1.1 billion, originally due to be disbursed in November of last year, leaving Pakistan with only enough foreign exchange reserves to cover one month's worth of imports.

The conference in Geneva, co-hosted by Pakistan's Prime Minister Shehbaz Sharif and United Nations Secretary-General Antonio Guterres, will seek international support for the country after devastating floods last year caused billions of dollars in damage to critical infrastructure and resulted in at least 1,700 deaths.