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IMF's Rs 6-bn loan to Pakistan: Catch-22 situation for Imran Khan


IMF's Rs 6-bn loan to Pakistan: Catch-22 situation for Imran Khan

Pakistan is facing a "challenging" economic environment and "decisive" policies and reforms are needed to stablise the economy, the IMF has warned as it reached a deal with the cash-strapped government of Prime Minister Imran Khan on a USD 6 billion bailout to stave off an financial crisis. The funding, which still needs approval from the International Monetary Fund's management, would be provided over three years.

The agreement comes after months of negotiations that saw the sacking of Pakistan's finance minister, the governor of the central bank as well as the top revenue officer. But will the IMF bailout change anything on ground for Pakistan? Watch the video to know the answer...

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