Pakistan's Prime Minister 'Hopeful' For Deal With IMF This Month

"Hopefully, we’ll have some good news this month,” said Pakistani Prime Minister Shehbaz Sharif. An IMF agreement to release $1.1 billion has been delayed since November as the IMF seeks more information about Pakistan's finances. 

Pakistan’s prime minister said he is “very hopeful” of finalizing a deal with the International Monetary Fund (IMF) in June. “We are still very hopeful that the IMF program will materialize. Our ninth review by the IMF will match all terms and conditions and, Shehbaz Sharif told Anadolu in an interview conducted in Ankara, where he attended the inauguration of President Recep Tayyip Erdogan’s inauguration. An IMF agreement to release $1.1 billion -- out of a $6.5 billion package -- has been delayed since November as the IMF seeks more information about Pakistan's finances.