Imran Khan to meet IMF chief for crucial bailout talks

AFP

Pakistan's Prime Minister is set to meet the International Monetary Fund (IMF) chief Christine Lagarde in Dubai for talks on issues that have held up bailout negotiations.

The meeting will be held on the sidelines of the World Government Summit, where Khan will talk about his vision for the future of Pakistan.

Pakistan's finance minister Asad Umar Chaudhry explained that the “problem is not the (IMF) deal, the problem is the condition attached to the deal."

In the meantime, Pakistan has sought financial assistance from Saudi Arabia and the UAE, who have loaned it in excess of $10 billion.

If the deal goes through, it would be the country's second IMF bailout since 2013.

More from Local

Coming Up on Dubai Eye

  • The Business Breakfast

    6:00am - 10:00am

    The Business Breakfast is the day’s must listen for the UAE’s business leaders, and those who aspire to be.

  • The Agenda

    10:00am - 1:00pm

    Broadcasting every weekday, Georgia Tolley goes beyond the headlines to speak to government ministers, decision makers, analysts and local experts to find out how the news will impact those of us living in the UAE.

BUSINESS BREAKFAST LATEST

On Dubai Eye

  • Flying Taxis

    It sounds like an episode of The Jetsons, but the sight of flying taxis whizzing around our cities could be much closer than you think.

  • Tough penalties for deliberate tax evasion

    The UAE has said that tougher penalties will come into force from 1st August for not keeping proper corporate tax records.