ISLAMABAD, Sept 18 (Reuters): Pakistani Prime Minister Imran Khan left for Saudi Arabia on Tuesday, the foreign office said, amid speculation he may be seeking economic assistance from a staunch ally instead of another IMF bailout.
Khan, on his first international visit since taking office last month, was accompanied by Finance Minister Asad Umar and Foreign Minister Shah Mehmood Qureshi at a time when the country is trying to avert a balance of currency crisis stemming from a large current account deficit. Analysts say a fresh bailout package from the International Monetary Fund, which would be its 13th since late 1980s, is inevitable.
"The Prime Minister will call on His Majesty King Salman and hold a bilateral meeting with the Crown Prince," Pakistan's foreign office said in a statement. "The two leaders will discuss issues of bilateral interest."
Pak PM leaves for S Arabia amid bailout speculation
FE Team | Published: September 18, 2018 23:41:56
Pak PM leaves for S Arabia amid bailout speculation
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