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Ishaq Dar seeks Bloom’s cooperation on securing IMF deal

ISLAMABAD: As the agreement between Pakistan and the International Monetary Fund (IMF) suffers a long-standing stalemate, Finance Minister Ishaq Dar on Thursday asked US Ambassador to Pakistan Donald Bloom to play his role in helping the agreement inked.

He expressed his thoughts at a meeting with the ambassador, which underscored the exchange of thoughts on matters of mutual interest.

The minister also apprised Mr Bloom of the development on the agreement with the Washington-based lender so far including the assurance of $2billion by Saudi Arabia in additional deposits, and talks going on with the UAE for $1billion in financing.

Mr Bloom assured Mr Dar to help deepen the cooperation.

Earlier, Pakistan moved one step closer to the revival of the crucial bailout package of the IMF as Saudi Arabia provided the assurance.