Talks between cash-strapped Pakistan and the IMF will continue over the weekend after the parleys between the two sides reached a deadlock due to Prime Minister Imran Khan’s reservations over heavy taxation the people will have to bear, according to a media report.
Head of IMF Mission to Pakistan Ernesto Rigo is currently in Islamabad as the country hopes to strike a deal with the global lender for a three-year bailout package totalling around $6.5 billion. “We have made good progress in our discussions with the visiting IMF Mission. Consultations will continue over the weekend,” Khaqan Hasan Najeeb, spokesman of the Finance Ministry said.