Says conditions the IMF places on its loan could either 'exacerbate social and economic hardship or provide desperately needed relief to Pakistanis while addressing crisis’s underlying causes'
IMF Resident Representative to Pakistan says will work with others in the international community to support, under the current programme, the authorities’ relief and reconstruction efforts, while ensuring sustainable policies and macroeconomic stability
Subject to Board approval, about $1.177bn will become available
IMF says Pakistan plans to undertake comprehensive review of anti-corruption institutions (including the National Accountability Bureau) to enhance effectiveness in investigating and prosecuting corruption cases