Pakistan, IMF extend bailout talks - finance ministry

Image
Reuters ISLAMABAD
Last Updated : Nov 20 2018 | 6:45 PM IST

ISLAMABAD (Reuters) - Pakistan has extended bailout talks with the International Monetary Fund (IMF) and expected an agreement by mid-January, a finance ministry official said on Tuesday.

"We have covered a lot of areas in terms of convergence of views," finance ministry spokesman Noor Ahmed told Reuters. "But there is some more distance to be covered and that's not much. Another 20 percent of distance has to be covered."

(Reporting by Drazen Jorgic; editing by Darren Schuettler)

Disclaimer: No Business Standard Journalist was involved in creation of this content

*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: Nov 20 2018 | 6:39 PM IST

Next Story