Shah Mehmood Qureshi explains IMF Mega Relief Package

IMF mega relief package

Shah Mehmood Qureshi talks about IMF mega relief package. Foreign Minister Shah Mehmood Qureshi met with the World Monetary Fund (IMF) representative in Pakistan Teresa Dibban to discuss the current situation and its economic implications for the Corona Global Pandemic Challenge.

Foreign Minister Shah Mehmood Qureshi said that we welcomed the initiative to facilitate the payment of loans for the developing countries. The current global outbreak has affected the economy of the whole world. The adverse effects of this outbreak on developing countries are very severe.

He said that Prime Minister Imran Khan had proposed to facilitate the payment loans of the developing countries and to provide unconditional support for the economic recovery of the developing countries. IMF mega relief package was also finalized for Pakistan to cope with the coronavirus.

Foreign Secretary Sohail Mahmood and DG UN Farrukh Iqbal Khan were also present at the meeting. During the meeting, the parties decided to continue mutual consultation to try to overcome the pandemic situation and effectively.

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