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Pakistan to Reach IMF for Second Covid Relief Package

Islamabad: The third Covid 19 wave has engulfed the nation, and the service sector has been severely affected. On Tuesday, Prime Minister Imran Khan announced that his government would approach the International Monetary Fund (IMF) for a second assistance package.

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“As we anticipate difficulties, we will engage with the IMF. Just when our economy was recovering and all the indicators were favourable, sadly, we will have to examine the overall scenario and our new Ehsaas Program.

Speaking at the opening of the United Nations Development Program’s (UNDP) Pakistan National Human Development Report on Inequality, the prime minister noted that while the service sector has been severely impacted throughout the world, it has been particularly hard struck in Pakistan.

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PM Imran remarked that the UN body’s report highlights the shortcomings, the individuals who have been forgotten, and the circumstances of religious minorities and transgender people.

In addition, the prime minister noted that the IMF chief understood the gravity of the issue because individuals already suffering from the epidemic must not be subjected to circumstances.

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