IMF deal 'done' once Pakistan removes fuel price caps -source
- Country:
- Pakistan
Pakistan and the IMF have worked out the outlines of a deal to release the next tranche of funds, which would come through once Pakistan removes fuel subsidies, a Pakistani source privy to the talks said, requesting anonymity.
"When we raise fuel prices, the deal will be done. We have worked out the outlines of a deal," the source told Reuters in a text message after talks with the IMF concluded on Wednesday in the Qatari capital Doha.
A pending tranche of over $900 million dollars is contingent on a successful IMF review.
(This story has not been edited by Devdiscourse staff and is auto-generated from a syndicated feed.)
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