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IMF wants Pak Prez to endorse new bailout plan: Report

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"Active political support is required at the highest level to implement essential reforms in Pakistan ... It will be worthwhile to consider the President for co-signing the letter of intent (for any future arrangement)," IMF's post-evaluation draft report for a new 11.3-billion dollar bailout programme was quoted as saying by The Express Tribune.

A letter of intent states the policies a borrowing country intends to implement with the help of its financial assistance.

It is a standard practice for a recipient country

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Ajmer shrine's pir invites Pak PM to visit dargah

Bilal Chishti, the 'Pir' of the famous Sufi shrine at Ajmer in India, called on Pakistan Prime Minister Raja Pervez Ashraf today and invited him to ...

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