PM Imran to preside over federal cabinet meeting today

Author: Web Desk

ISLAMABAD: Prime Minister (PM) Imran Khan will preside over a meeting of the federal cabinet today (Thursday).

According to the sources, the cabinet will review the performance of the government and Finance Minister (FM) Asad Umar will brief the cabinet members regarding negotiations with the International Monetary Fund (IMF).

Yesterday, PM had said that Pakistan might not have to approach the IMF for a bailout.

In a meeting with journalist bodies, including the All Pakistan Newspapers Association (APNS), Pakistan Broadcasters Association (PBA) and Council of Pakistan Newspaper Editors (CPNE), the prime minister expressed the hope that the government would be able to fix economic issues soon with its policies.

Also read PPP hits out at PTI for seeking IMF bailout

The government is in contact with friendly countries for resolution of economic issues, he said.

Last week, the government had announced its decision to approach the Fund amid severe criticism from opposition for taking a U-turn on the issue.

Also read IMF package can we act differently

A team of IMF officials is scheduled to visit Islamabad on November 7 for talks on the size of the loan facility that the government would be requiring.

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