"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
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 ...