IMF says will analyse Pakistan’s debt sustainability

IMF says will analyse Pakistan’s debt sustainability
IMF (International Monetary Fund)

The International Monetary Fund said that Pakistan’s the debt profile will be assessed, adding that it will consider the details of the previously taken loans before giving new loans.

Director Communications Department IMF Gerry Rice said that it will be ensured that the country's debt profile is sustainable and the executive board will take a decision on giving Pakistan a loan in future.

According to the IMF representative, transparency in an important factor in returning loans and talks are continuing with Pakistan.

The US is ensuring that the IMF loan shouldn’t be used in paying back China’s loans, as per the IMF.

Rice said that after the conclusion is reached on talks then the decision to go forward with the program will emerge.

 

This article is take from geo news. (www.geo.tv).