The International Monetary Fund (IMF) is actively looking to secure backing from primary political entities, including the Pakistan Tehreek-e-Insaf (PTI), for an imminent $3 billion financial aid package, as revealed in a statement by the international lender on Friday.
The move forms part of the IIMF’sproactive measures to ensure the success of its economic intervention in the country.
Esther Perez Ruiz, the IMF’s resident representative, declared that the discussions with political parties are intended to seek assurances of their support for the key objectives and policies under a new IMF-supported program ahead of the upcoming national elections.”
Read: PPakistan’sEmergency Lifeline: A $3 Billion IMF Rescue Package
New Bailout Program Amidst Forthcoming General Elections
The next general elections in the country are slated to take place by the beginning of November. The proposed bailout program, a nine-month stand-by arrangement, will be reviewed by the lender’s board on July 12. Therefore, the economic relief plan and its objectives are under intense scrutiny, with IMF seeking to ensure its successful implementation by gaining backing from major political powers in the country.
 has initiated dialogue with leading Pakistani political factions, including the Pakistan Tehreek-e-Insaf (PTI), to gain support for an impending $3 billion financial rescue package. This comes ahead of the general elections, aiming to ensure the successful implementation of this vital economic relief plan){kind=link}