“We are hopeful,” a government official dealing with the IMF replied when asked about the development.
The linked $950 million loan of the World Bank’s Resilient Institution for Sustainable Economy (RISE-II) and AIIB will be approved only if Pakistan secures the IMF bailout.
Another official assured that Pakistan was expecting to strike the SLA with IMF in the next few days, however, the Fund was reluctant to give any time frame for finalizing the agreement.