The Inter\u00adnational Monetary Fund (IMF) chief Kristalina Georgieva has hoped that Pakistan won\u2019t face Sri Lanka and Ghana-like situations.
\nPakistan has met all the necessary requirements for receiving a critical $1.1 billion bailout from the international donor, as announced by the Pakistani government.
\nPakistan won\u2019t default. \u201cIt is best not to get there, and currently, we are not there yet,\u201d IMF Managing Director Kristalina Georgieva said at a news briefing in Washington.<\/p>\n
IMF’s MD comment on my question on the possible debt restructuring of Pakistan given the climate challenges the country is facing She is hopeful that Pakistan won’t go through the path of Sri Lanka or Ghana and will complete the current programme @KGeorgieva#IMFMeetings pic.twitter.com\/ts7dGxqicu
\n\u2014 Ali khizar (@AliKhizar) April 13, 2023
\n\u00a0
\nThe IMF chief also hoped that with the implementation of what has been already agreed by the Pakistani authorities, we can complete our current programme successfully.
\nResponding to a question about the impact of climate change on Pakistan\u2019s economy, the IMF chief said in 2011 she had the opportunity to see what climate change meant for the people of Pakistan. \u201cAnd I know that (last summer\u2019s) flood is much more dramatic than the one I witnessed,\u201d she added.
\nPakistan should make a policy framework that makes it possible to avoid what you are talking about, the IMF chief said.
\nThe IMF and Pakistani officials, she said, were also discussing how to support Pakistan \u201cin terms of providing financial assurances so we can complete the programme\u201d.<\/p>\n","protected":false},"excerpt":{"rendered":"
The Inter\u00adnational Monetary Fund (IMF) chief Kristalina Georgieva has hoped that Pakistan won\u2019t face Sri Lanka and Ghana-like situations. Pakistan has met all the necessary…<\/p>\n","protected":false},"author":1,"featured_media":6056,"comment_status":"registered_only","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"om_disable_all_campaigns":false,"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[16],"tags":[],"class_list":["post-6055","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business"],"aioseo_notices":[],"jetpack_publicize_connections":[],"_links":{"self":[{"href":"https:\/\/www.diplomacypakistan.com\/index.php?rest_route=\/wp\/v2\/posts\/6055","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.diplomacypakistan.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.diplomacypakistan.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.diplomacypakistan.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.diplomacypakistan.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=6055"}],"version-history":[{"count":0,"href":"https:\/\/www.diplomacypakistan.com\/index.php?rest_route=\/wp\/v2\/posts\/6055\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.diplomacypakistan.com\/index.php?rest_route=\/wp\/v2\/media\/6056"}],"wp:attachment":[{"href":"https:\/\/www.diplomacypakistan.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=6055"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.diplomacypakistan.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=6055"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.diplomacypakistan.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=6055"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}