IMF to review Pakistan budget

THE International Monetary Fund (IMF) said it will review Pakistan’s budget and economic prospects following catastrophic flooding during talks with senior Pakistani government officials starting today.

Pakistani finance minister Abdul Hafeez Shaikh and other senior Pakistani finance officials are traveling to Washington for the talks with the IMF, which will also be an opportunity to speak directly to the Obama administration about aid.

The IMF talks are set to focus on the future of Pakistan’s $10bn (£6.4bn) IMF program agreed upon in 2008.