IMF's Another Tough Condition For Pakistan

                    IMF's Another Tough Condition for Pakistan

International Monetary fund [IMF]

• Pakistan faced another problem from IMF.

• IMF ban Pakistan taking loan from China.

According to the details, IMF ban Pakistan to taking loan from china. The loan will not be obtained without the approval of IMF

.

IMF said that, the Chinese IPP [Institute of Plant Protection] is being paid more to generate electricity. Pakistan should review the agreement made with Chinese companies related to electricity, because you are paying a lot of money to China for electricity, which is not acceptable.

If Pakistan does not improve its economy So, the loans that Pakistan has already taken and it is Pakistan's responsibility to repay these loans. It will be very difficult for Pakistan to repay these loans.

Pakistan has already taken a huge loan for CPEC. Recently there is 8 billions dollars loan. if the loan was taken without IMF satisfaction then the agreement between Pakistan and the IMF could be severely damaged.

C-PEC PAK CHINA

Now we have to go to one side our neighbour country CHINA and IMF to the other side.

If the IMF came between the Pakistan & China then we have choose one between two then, very critical situation for Pakistan.

Senior government officer said that there a lot of problems coming from IMF like, electricity and petroleum products have grown exponentially. Which is beyond the reach of the general public.