Episode details

World Service,01 May 2024,26 mins
Pakistan’s Finance Minister says he wants IMF bailout package to be the last
World Business ReportAvailable for over a year
Pakistan’s Finance Minister Muhammad Aurangzeb exclusively tells World Business Report the latest and 24th IMF bailout should be its last. Its Prime Minister Shehbaz Sharif has said the disbursement of $1.1 billion by the International Monetary Fund (IMF) will help the country achieve greater economic stability, amid discussions for a new loan programme. The funding was the second and final tranche of Pakistan's $3 billion standby arrangement with the IMF which it secured last summer to help avert a sovereign default. Also, in the programme, we look at how the risk of flooding or landslides are affecting people living in Kenya. (Picture: Many 5000 Rupees Pakistani Currency Note. Picture credit: Getty Images)
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