News @ 3 - 5th July 2019

ISLAMABAD: After the approval of $6 billion loan from International Monetary Fund, Special Advisor to Prime Minister on Finance Hafeez Shaikh said on Thursday that the bailout package will bring stability to the economy.

Sharing the details of the IMF package with media alongside Minister of State for Revenue Hammad Azhar, Shaikh said following the deal, other monetary organizations will also provide funds to the country. “Asian Development Bank (ADB) intends to give additional $3.2 billion to Pakistan,” he said.