Pakistan poised to seek bailout from IMF to stabilise economy but Chinese debt may be ...
(WorldNews Asia)

Pakistan will begin talks with the International Monetary Fund (IMF) for a bailout package to stabilise its teetering economy and plug dwindling reserves, its finance minister said on Monday. Prime Minister Imran Khan’s new administration took office in August facing a balance-of-payments crisis, immediately launching a highly publicised austerity drive as it weighed up whether to seek an IMF bailout. “The Prime Minister after consulting all the leading economists, today decided to......