Dada Pota Show of 09-10-2018. The only program of business and economy in Pakistan.
FATF Pakistan Stock Market Crash IMF Bailout Package Political Economy Dada Pota Show 09-10-2018
Dada Pota Show 09-10-2018 based on FATF Pakistan Stock Market Crash IMF Bailout Package Political Economy.
Today, Dada G shared his opinion on important news that Government decides to ‘immediately’ approach IMF.
The government has decided to approach International Monetary Fund (IMF) to deal with the prevalent financial crisis, according to Finance Minister Asad Umar.
Talks with the IMF will start “immediately” as Prime Minister Imran Khan has given a go-ahead to do so, said the finance minister in a video message.
He said the country is going through a tough time, which has been left behind by the previous government. “We have to find a way to get out of this difficult situation.”
Pakistan is likely to request the IMF for providing it $6 to $7 billion.
Sources within the Ministry of Finance informed Geo News that the IMF would demand Pakistan to reduce its non-development expenses to bring down budget deficit.
They said the world organisation will also ask Islamabad to expand tax net in the country. The sources added the IMF also wants Pakistan to decrease circular debts and losses in state institutions.
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