Pakistan to get $6 billion from IMF over the next three years

Islamabad: Pakistan will get $6 billion from the IMF over the next three years to meet its foreign debt obligations, the country’s advisor on finance said on state television after signing the agreement. Pakistan’s advisor on finance Abdul Hafeez Shaikh said that foreign loans have exceeded $90 billion, and exports have registered a negative growth over the past five years.

“So Pakistan will get $6 billion from the IMF, and in addition, we will get $2 to $3 billion from the World Bank and Asian Development Bank in next three years,” he said.

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