Xinhua, Islamabad :
The International Monetary Fund (IMF) on Wednesday issued a warning on Pakistan’s economic and financial outlook and urged Islamabad to instantly put its house in order.
The IMF released the statement one and a half day after conclusion of its Executive Board meeting, which followed completion of the “First Post-Program Monitoring Discussions” with Pakistan. The two sides had also held bilateral talks in Islamabad in December last year to measure the country’s capacity to repay the IMF loan.
The IMF statement said that Pakistan’s medium-term debt repayment capability has weakened while the overall risks to the South Asian country’s economic and financial outlook have increased.
