Asif Ali Zardari, Bilawal swing into action to acquire funds from ally countries
Asif Ali Zardari started creating ease for Miftah Ismail to get IMF's loan tranche as he held important meetings in the United Arab Emirates (UAE).
Asif Ali Zardari started creating ease for Miftah Ismail to get IMF’s loan tranche as he held important meetings in the United Arab Emirates (UAE).
The IMF has put another condition before the Pakistani government to ‘do more’ and asked Islamabad to arrange $4 billion from ally countries which will ensure a progress from the International Monetary Fund (IMF) Executive Board for releasing another tranche of loan.
Sources from the country’s economic circles told News360 that former president Asif Ali Zardari and Bilawal Bhutto have swung into action to end the financial crisis, helping the coalition government to reduce the dollar price and inflation.
Sources added that ex-president Zardari held important meetings to support the government of Pakistan during his recent visit to the UAE, and has asked the top officials to invest in Pakistan, especially in the energy sector. He tried to convince them for investing in the RLNG power plants, OGDCL, PPL and Mari Gas, as well as the privatisation of the PIA Roosevelt Hotel in the US.
Bilawal Bhutto is also active on the diplomatic front to restore the loan program from the IMF and remove the current financial crisis and shortage of dollars.
Sources say that Bilawal Bhutto has been advocating for Finance Minister Miftah Ismail on the current economic strategy.