Pakistan finalizes deal with IMF after months of negotiations

ISLAMABAD: Pakistan will get $6 billion from the IMF over the next three years to meet foreign debt obligations, the country's adivsor on finance said on state television after signing the agreement.

"We had secured a 25,000 billion rupees loan. Foreign loans has exceeded $90 billion, exports were stagnant in past five years, rather they registered negative growth in past five years," said Pakistan's advisor on finance Abdul Hafeez Shaikh. "So Pakistan will get $6 billion from the IMF," he said.