Analysts say the money is necessary to prevent Pakistan from defaulting on external payment obligations
IMF bailout
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Abdul Hafeez Shaikh
Pakistan to get $6bn from IMF over the next three years
The UAE – Pakistan’s largest trading partner in the Middle East and a major investment source – recently offered $3bn to support the battered economy
Asad Umar
Pakistan fires central bank, tax body chiefs amid IMF talks
Former cricket star Khan faces growing criticism from economists and opposition parties for mishandling the economy and delaying the IMF bailout since coming to power in August
Abdul Hafeez Shaikh
Pakistan’s Imran Khan appoints new finance chief amid IMF talks
Abdul Hafeez Shaikh will take on the role of lead negotiator for what would be Pakistan’s 13th IMF support programme since the late 1980s