Pakistan starts discussions with IMF over new loan: Aurangzeb

News Snapshot:

WASHINGTON: Minister for Finance Muhammad Aurangzeb says the United States is the largest trading partner of Pakistan and it has always supported us in terms of investment. In an interview with a foreign news agency, he said it is always be a very critical relationship for Pakistan. The Minister said Pakistan has initiated discussions with the International Monetary Fund over a new multi-billion dollar loan agreement to support its economic reform program. He said the market confidence and the market sentiment in Pakistan is in much better shape during the current fiscal year. Muhammad Aurangzeb said we have initiated the...