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According to finance minister Asad Umar, policy-level agreement has been reached with the International Monetary Fund (IMF) but details of the package estimated at between $ 6 billion to $ 8 billion, would be finalised when the mission visits Pakistan during the last week of April.
In other words, the IMF bailout is finally in sight. That Asad Umar is working harder is a fact. Unfortunately, however, there are reports that the incumbent finance minister is going to be removed from his post for failing to deliver. But there is no answer to question as to who is going to replace him. The current economic mess is not his creation; it was the last PML-N government that has bequeathed it to the incumbent PTI government.

Copyright Business Recorder, 2019

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