City
Epaper

Ongoing bailout deal with IMF 'outdated': Pak Foreign Minister Bilawal

By ANI | Published: May 26, 2022 8:19 PM

With the blame game still on between the present and former governments in Pakistan over the ongoing economic crisis in the country, Foreign Minister Bilawal Bhutto called the ongoing bailout deal with International Monetary Fund outdated, reported The News International.

Open in App

With the blame game still on between the present and former governments in Pakistan over the ongoing economic crisis in the country, Foreign Minister Bilawal Bhutto called the ongoing bailout deal with International Monetary Fund outdated, reported The News International.

While he rejected claims by former Prime Minister Imran Khan that the United States had plotted his downfall, he called Khan's ouster a milestone for Pakistani democracy, saying "Pakistan has a history of prime ministers who have been removed undemocratically, unconstitutionally through various means," at World Economic Forum in the Swiss Alpine resort of Davos, in an interview.

Bilawal said that the ongoing bailout package deal between Pakistan and the International Monetary Fund (IMF) makes no sense given the number of global as well as country's internal crises, The News International reported.

"This IMF deal is not based on ground realities, and the context has absolutely changed from the time that this deal was negotiated," Bilawal added, stating it would be justified for Pakistan to plead this case before the IMF in current talks.

He in fact described the IMF deal as a pre-Covid, pre-Afghanistan fallout, pre-Ukrainian crisis deal and a pre-inflation deal," criticizing the governance of Pakistan Tehreek-e-Insaaf and ousted leader Imran Khan.

Bilawal Bhutto Zardari emphasized Pakistan's foreign policy challenges around the world and said he will run in the next elections as he seeks to form a government.

While Davos has been dominated by fears around trade blocs and more siloed nations, Bhutto Zardari said multilateral cooperation with neighbouring countries and the West is the way forward for Pakistan.

As per the report by News International, Zardari also met his Austrian counterpart, Alexander Schallenberg on the sidelines of the Annual Meeting of the World Economic Forum (WEF).

Keeping the diplomatic conduct intact, Pakistan Foreign Minister Bilawal Bhutto-Zardari earlier said that the country must continue to engage with the United States at all levels, claiming he is against anti-hate-politics, division and polarization.

( With inputs from ANI )

Disclaimer: This post has been auto-published from an agency feed without any modifications to the text and has not been reviewed by an editor

Tags: Imran KhanInternational Monetary FundBilawal BhuttoWorld Economic ForumImran ahmadImf researchBloomberg india economic forumAnnual india energy forumJitender singh mehtaWorld economic forum davos agenda
Open in App

Related Stories

CricketRELEASE Imran Khan' Banner Flies Above New York During IND vs PAK T20 World Cup 2024 Clash (Watch Video)

MumbaiMumbai: Gangster Imran Khan Alias Kalia Arrested; Links to Dawood's Brother Mushtaqim Kaskar Revealed

InternationalPakistan: No Evidence of Bushra Bibi Being Poisoned, Say Doctors

InternationalPakistan: Imran Khan’s Party Leader Calls President Asif Ali Zardari ‘Illegal’

InternationalPakistan Tehreek-E-Insaf Leader Latif Khosa Hopes Imran Khan Will ‘Walk Free’ From Jail in April

International Realted Stories

InternationalIsrael PM Netanyahu dissolves war cabinet, two key cabinet ministers resign

International"Deepest condolences to bereaved families": EAM Jaishankar expresses grief over loss of lives in West Bengal train accident

InternationalGermany's youth at risk from loneliness, warns Minister

InternationalUS NSA Sullivan calls on PM Modi; briefs him on progress in bilateral cooperation under iCET

InternationalIsraeli arms exports hit record in 2023