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IMF May Delay Bailout Package To Cash-Strapped Pakistan: Report

Tuesday, April 16, 2019, 6:18 AM

The IMF's bailout package to cash-strapped Pakistan could be delayed as the global lender is pressing it to be transparent on the CPEC project and wants a written guarantee from Islamabad that its assistance will not be used to repay the loans to China, a media report said on Monday. The sources said IMF officials were also seeking details of the China-Pakistan Economic Corridor(CPEC).