Pak Army Chief Seeks US Help In Quick Release Of IMF Funds

Saturday, 30 July 2022newsdesk

Pakistan Army chief General Qamar Javed Bajwa has reached out to the US for the early disbursal of the nearly USD 1.2 billion loan from the IMF, the official media reported on Friday, as the cash-strapped country faces the ignominy of a possible debt default due to its depleting foreign exchange reserves.

New Delhi, 30 July 2022

As per news report of NDTV, Bajwa spoke over phone with the US Deputy Secretary of State Wendy Sherman earlier this week and also appealed to the White House and the US Treasury Department to push the IMF to immediately expedite the nearly USD 1.2 billion loan, state-run news agency Associated Press of Pakistan (APP) reported, quoting sources in the Pakistan Army. However, the Foreign Office feigned ignorance if the two leaders talked about economy even as it confirmed that Bajwa and Sherman had a telephonic conversation. "I understand conversation has taken place, but at this stage, I am not in direct knowledge of the content of this discussion," Foreign Office Spokesperson Asim Iftikhar Ahmad told a weekly press briefing here.

Source - NDTV