Dawood informs IMF mission chief about Pakistan’s current account deficit

ISLAMABAD: Adviser to the Prime Minister on Commerce, Abdul Razak Dawood met the mission chief of the International Monetary Fund (IMF) Ernesto Ramirez Rigo on Tuesday.

During the meeting, Dawood informed the IMF mission chief about Pakistan’s current account deficit and steps taken by the country to increase exports.

The IMF mission chief is also scheduled to meet Finance Minister Asad Umar and discuss prospects of a bailout package. Umar on Monday said the IMF will soften its conditions for the bailout package to Pakistan.

The IMF mission chief will also meet with a team of the State Bank of Pakistan to get a briefing on the economic conditions of the country.