2 March 2021
  • 9:47 pm Watch SAMAA TV Headlines 9pm Pakistan – 2 March 2021
  • 9:47 pm Senate elections; PDM has succeeded in its struggle: Bilawal
  • 9:47 pm Govt to demand Yousuf Raza Gilani’s disqualification from Senate election
  • 9:32 pm Gold losing the uncertainty gloss in Pakistan
  • 8:47 pm Will file reference in ECP for Gillani’s disqualification: minister
Choose Language
 Edit Translation
Spread the News

Finance Minister Asad Umar speaking on the floor of the Senate on Tuesday said the government has not made a decision to approach the International Monetary Fund (IMF) for a bailout package.
Consultations on the current economic situation are underway and a final decision will be taken after taking the Parliament on board, Umar said.
“Even if Pakistan goes to the IMF programme, this won’t be the first time that Pakistan has gone to the IMF programme. We have gone to the programme 12 times previously,” he added.
The finance minister informed the Senate that previously there was no question on which country’s banks had given loans to Pakistan.
Regarding the National Finance Commission Award, Umar said it is a constitutional obligation and on the first day after assuming office he directed the finance secretary to initiate the process for the new NFC Award.

Abdul Gh Lone