Pakistan to cut expenditures, development funds to revive IMF programme

Pakistan will cut expenditures and development funds to try and revive an International Monetary Fund (IMF) program, the Finance Minister Ismail said.

"We will seek revival of the IMF program, and we will, God willing, do belt-tightening, and cut PSDP (Public Sector Development Funds)," Ismail told a news conference in Islamabad.