Pak Army chief Bajwa approaches US to secure IMF loan amid dwindling foreign reserves

Amid the worsening crisis due to shrinking foreign reserves, Pakistan army chief General Qamar Javed Bajwa has approached the US for help in securing an early disbursement of funds from the International Monetary Fund (IMF) to prevent the south Asian country from a looming economic disaster.

In order to seek support on the economic front, Pakistan PM Shehbaz Sharif persuaded Bajwa to talk to US authorities and use his influence for the early disbursement of IMF funds.

The premier and COAS also discussed other options on how to secure the country's economy from getting into a crisis-like situation, The News International reported citing sources. As per the report, Bajwa telephoned US Deputy Secretary of State Wendy Sherman and appealed to her to expedite the USD1.2 billion disbursal.

Amid the worsening crisis due to shrinking foreign reserves, Pakistan army chief General Qamar Javed Bajwa has approached the US for help in securing an early disbursement of funds from the International Monetary Fund (IMF) to prevent the south Asian country from a looming economic disaster.

In order to seek support on the economic front, Pakistan PM Shehbaz Sharif persuaded Bajwa to talk to US authorities and use his influence for the early disbursement of IMF funds.

The premier and COAS also discussed other options on how to secure the country's economy from getting into a crisis-like situation, The News International reported citing sources. As per the report, Bajwa telephoned US Deputy Secretary of State Wendy Sherman and appealed to her to expedite the USD1.2 billion disbursal.(ANI)