Pakistan: “Despite being a member country, we were treated like beggars”, Pakistan’s anger erupted at IMF

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The anger of the officials of Pakistan has erupted on the IMF. In fact, Pakistan has been enraged due to non-receipt of loan from the IMF till now and the conditions being tightened continuously. Top officials of Pakistan say that, despite being a member country, we are being treated like beggars.

Pakistan upset with IMF’s attitude

According to the news of Pakistan’s media group ‘Dawn’, the officials of the Government of Pakistan are troubled by the attitude of the IMF. They feel that IMF is doing wrong, IMF has also changed the 4 conditions set for loan issuance. Many officers, on condition of anonymity, even said that this is like misbehaving with Pakistan.

‘We are a member country of the IMF, there are no beggars’

A Pakistani official said, ‘We are a member country of the IMF, not beggars, if they consider us as such, then terminate our membership.’ Talking to Dawn, another official said that the situation in the country has become like 1998, when the economic crisis deepened after the nuclear test.

Staff level agreement expected this week

Meanwhile, the Pakistan administration is hopeful that talks with the IMF team can be held again next week. With this, staff level agreement can be agreed upon. IMF says that in the current financial year, Pakistan needs at least $ 7 billion to overcome the crisis. At the same time, the State Bank of Pakistan says that at present the country’s foreign exchange reserves are $ 3 billion, which can increase to $ 10 billion by June this year.

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