Poised to get better IMF package: Asad

Federal Minister for Finance Asad Umar has said that that Pakistan now is in a position to get better bailout package from IMF. Any IMF condition against the national interest would not be acceptable, he said adding that the govt. intends to get $ 5Bn or $6Bn from the Fund. He expressed hope that this would be the last programme of IMF for the country. Asad said a huge amount of the loan, instead of being utilised for the welfare of masses, was going directly to pay the loan’s interest, adding PKR 1,900Bn would be paid in shape of loan interest in FY19.