Pak fails to get next tranche of IMF loan

WASHINGTON: The final round of dialogue between Pakistan and IMF ended inconclusive as the former failed to persuade in getting next tranche of loan, Geo News reported.

Pakistani delegation, headed by Federal Finance Minister Abdul Hafeez Sheikh met IMF officials in a connection with ongoing talks between Pakistan and IMF for the release of next tranche.

Talking to Geo News, Finance Minister said Pak delegation briefed IMF delegation. He said although it was a successful visit to Washington but the issue of next IMF tranche release remained unresolved.

In a meeting, issues related current economic situation in the country, pledges with IMF and their fulfillment along with targets' achievements were discussed.