News > Cash-strapped Pakistan requests IMF for another bailout of $6-8 billion

Cash-strapped Pakistan requests IMF for another bailout of $6-8 billion

Cash-strapped Pakistan also requested to dispatch the International Monetary Fund (IMF) review mission next month to firm up details of the next bailout package for three years under the Extended Fund Facility (EFF). The IMF in its latest Regional Economic Outlook (REO) released by the Middle East and Central Asia said Pakistan's external buffers deteriorated, mostly reflecting ongoing debt service, including Eurobond repayments.