Dada Pota Show of 08-11-2018. The only program of business and economy in Pakistan.
IMF Bailout Package State Bank Cyber Attack International Conspiracy Political Economy Dada Pota Show 08-11-2018
Dada Pota Show 08-11-2018 based on IMF Bailout Package State Bank Cyber Attack International Conspiracy Political Economy.
Today, Dada G shared his opinion on important news that Pakistan, IMF start crucial bailout talks.
Pakistan started talks with the International Monetary Fund (IMF) on Wednesday over the country’s possibly 13th bailout program to buoy its foreign exchange reserves that have sagged 42 percent since January. The IMF mission, led by its chief Herald Finger, kicked off nearly two weeks talks with Pakistani team on the formal written request of Islamabad for a possible bailout package. The size of the IMF program will be determined after finalising package from China as Pakistan’s high powered technical team led by Secretary Finance Arif Ahmed Khan and Governor SBP Tariq Bajwa is scheduled to visit Beijing from November 9, 2018 for finalising package for a balance of payment support. Pakistan is in need of an estimated $12 billion to support its external account sector for the current fiscal year of 2018/19. The country’s foreign reserves have plummeted 42 percent since January to around eight billion dollars, barely sufficient to cover two months of imports.
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