Hafeez Shaikh press conference in Islamabad

Hafeez Shaikh press conference in Islamabad:

  • Talks with IMF about to complete on the additional package to fight with corona virus
  • IMF to approve around $1.4 billion for Pakistan fight against coronavirus
  • Amount from IMF would be additional loan amount compared with the present package
  • IMF to give loans on soft terms to Pakistan for coronavirus
  • World Bank has approved $1 billion for Pakistan
  • Asian Development has also approved $1.5 billion for Pakistan
  • Pakistan to receive $600 million immediately from ADB
  • While $900 million to arrive by June 2020

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