Hope to convince IMF on softening bailout conditions, says Umar

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ISLAMABAD: Finance Minister Asad Umar said on Monday that hopefully, International Monetary Fund will soften its conditions for the bailout package to Pakistan, ahead of the IMF mission chief Ernesto Ramirez Rigo’s arrival in the country.

Rigo is expected to arrive in Pakistan on Monday night and will be meeting the finance minister tomorrow to discuss the prospects of the bailout package, said sources.

The IMF chief will also meet with a team of State Bank of Pakistan to get a briefing on the economic condition of the country.

The finance minister in a recent event, earlier, said that the government has managed to bridge the gap with the International Monetary Fund.

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