Pakistan's Desperate Bid to Avoid Default: IMF Deadline Looms
TL;DR Summary
Pakistan is on the brink of default as it faces an IMF deadline to obtain a loan. The country's government, dealing with instability and a worsening economic crisis, is making efforts to win IMF approval for a program that would release $1.1 billion in funding. If a deal is not reached by June 30, Pakistan is likely to default on its debt.
- Pakistan on Edge of Default as IMF Deadline Nears The Wall Street Journal
- Pak PM asks IMF chief for early release of stalled bailout fund | Latest News | WION WION
- IMF officials and Pakistan's prime minister hint at deal on $6 billion bailout The Associated Press
- Lifeline For Cash-Strapped Pakistan? PM Sharif Dials IMF Chief, Talks “Standby Agreement' | Details Hindustan Times
- Pakistan, IMF Discuss $2.5 Billion Standby Arrangement -Domestic Media U.S. News & World Report
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