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‘IMF Declared Former Govt Responsible For Current Economic State’

ISLAMABAD: Special Assistant to Prime Minister Iftikhar Durrani on Monday claimed that the International Monetary Fund (IMF) has declared former government responsible for the sub-standard economic state Pakistan is currently standing at.

In his message on Twitter, Iftikhar Durrani slammed PML-N for setting up such ‘hollow economic structure’ in its tenure, which, according to the visiting IMF Mission, led to crisis-esque financial status.

On Sunday, finance advisor Dr Hafeez Sheikh announced that the country had reached an agreement with the IMF on a three-year bailout package.

Finance advisor, in an interview at the state TV, said Pakistan reached an agreement with IMF on a $ 6 billion bailout package.

“The bailout package will be given within 39 months time,” he added.