<\/p>\n<\/p>\n
A team of experts from the International Monetary Fund will travel to Islamabad in the coming weeks to discuss a possible financial assistance package for Pakistan \u2014 despite warnings from U.S. lawmakers and the Trump administration that the money would be used to pay off massive debts Pakistan has run up with China.<\/p>\n
IMF Managing Director Christine Lagarde said in a statement Thursday she had met with top officials of the new government of Pakistani Prime Minister Imran Khan, including Finance Minister Asad Umar, on the sidelines of the global finance body\u2019s annual meeting now underway in Bali, Indonesia.<\/p>\n
The delegation \u201crequested financial assistance from the IMF to help address Pakistan\u2019s economic challenge,\u201d Ms. Lagardesaid in a statement.<\/p>\n
\u201cAn IMF team will visit Islamabad in the coming weeks to initiate discussions for a possible IMF-supported economic program,\u201d the IMF chief said, adding, \u201cWe look forward to our continuing partnership.\u201d<\/p>\n
Pakistan has been a prime recipient of funds and infrastructure financing from China\u2019s ambitious $1 trillion-plus \u201cBelt and Road Initiative,\u201d including the construction of highways, bridges and the strategically located port of Gwadar on the Arabian Sea.<\/p>\n
Secretary of State Mike Pompeo on an Asian tour this summer said the Trump administration would \u201cbe watching\u201d closely any IMF negotiation with Pakistan.<\/p>\n
\u201cThere\u2019s no rationale for IMF tax dollars \u2014 and associated with that American dollars that are part of the IMF funding \u2014 \u2026 to go to bail out Chinese bondholders or China itself,\u201d Mr. Pompeo told the financial network CNBC in July.<\/p>\n
Pakistan officials later claimed they had received assurances from Washington that the Trump administration would not veto an IMF financial package.<\/p><\/p>\n","protected":false},"excerpt":{"rendered":"
A team of experts from the International Monetary Fund will travel to Islamabad in the coming weeks to discuss a possible financial assistance package for Pakistan — despite warnings from U.S. lawmak A team of experts from the International Monetary Fund will travel to Islamabad in the coming weeks to discuss a possible financial assistance […]<\/p>\n","protected":false},"author":1,"featured_media":17904,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[8],"tags":[316,5309,1890,34,352],"class_list":["post-17903","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-worlds","tag-china","tag-international-monetary-fund","tag-pakistan","tag-politics","tag-trump-administration"],"_links":{"self":[{"href":"https:\/\/pornvas.com\/index.php?rest_route=\/wp\/v2\/posts\/17903","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/pornvas.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/pornvas.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/pornvas.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/pornvas.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=17903"}],"version-history":[{"count":0,"href":"https:\/\/pornvas.com\/index.php?rest_route=\/wp\/v2\/posts\/17903\/revisions"}],"wp:attachment":[{"href":"https:\/\/pornvas.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=17903"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/pornvas.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=17903"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/pornvas.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=17903"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}