Pakistan | Pakistan seeks bailout from China and Saudis, rather than the IMF

Pakistan seeks bailout from China and Saudis, rather than the IMF

Officials have sought financial help from Beijing and Riyadh instead of the International Monetary Fund to manage the country's grim economic position

April 4, 2018 4:57 PM (UTC+8)
A Pakistani currency dealer counts Chinese yuan for a customer at his shop in Quetta on January 3. Officials now want to use the Pakistani rupee to pay for imports for a massive Chinese project. Photo: AFP/Banaras Khan
A Pakistani currency dealer counts Chinese yuan for a customer at his shop in Quetta on January 3. Officials now want to use the Pakistani rupee to pay for imports for a massive Chinese project. Photo: AFP/Banaras Khan
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