Published on 12:00 AM, April 26, 2022

Pakistan seeks hike in size of IMF programme

Pakistan has sought an increase in the size and duration of its $6 billion International Monetary Fund (IMF) programme, the country's Finance Minister, Miftah Ismail, said on Monday.

Ismail made the comments in a video statement following talks with the IMF in Washington.

It came after the fund said Islamabad has agreed to roll back subsidies to the oil and power sectors ahead of a resumption next month of a review of the IMF's support for the country.