Pakistan Seeks IMF Assistance for Business Sector

Pakistan is asking the International Monetary Fund for a

worth USD360 million, according to Dawn. The loan will be in addition to the USD840 million tranche already set up by the fund. The country's proposal will be discussed at the IMF meetings in Dubai.

About the author

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    Ivy Mungcal

    As former senior staff writer, Ivy Mungcal contributed to several Devex publications. Her focus is on breaking news, and in particular on global aid reform and trends in the United States, Europe, the Caribbean, and the Americas. Before joining Devex in 2009, Ivy produced specialized content for U.S. and U.K.-based business websites.