>

This is the best tl;dr I could make, original reduced by 66%. (I'm a bot)


ISLAMABAD: Pakistan on Wednesday sought the US support in reviving the IMF programme to facilitate soft landing of its economy marred by exogenous challenges like floods and adverse global economic conditions.
During a meeting on Wednesday, Finance Minister Ishaq Dar asked a visiting US delegation to help convince the Washington-based multilateral lender to be lenient towards Pakistan in restoring the programme while understanding the challenges created by floods and other external factors.
"Despite challenging economic conditions, the government is focusing on fixing things in right direction and introducing reforms in all sectors, including energy sector and capital market, to achieve economic growth and development," it added.


Extended Summary | FAQ | Feedback | Top keywords: economic^#1 Pakistan^#2 government^#3 programme^#4 challenges^#5
Pakistan's financial difficulties are largely of its own making and exacerbated by reluctance to take painful measures to put its finances in order.
Even Saudi Arabia who used to be generous aiding Pakistan has now put its foot down and refused to give further aid without condition.
Any further aid without concrete plan from Pakistan to fix its finances will end up being money wasted with no hope of repayment.