Pakistan has requested the International Monetary Fund (IMF) to provide an additional $1.5 billion loan to tackle the effects of climate change in the country, ARY News reported.Pakistan Prime Minister Shehbaz Sharif met IMF Managing Director Kristalina Georgieva on the sidelines of the 79th session of the United Nations General Assembly (UNGA) in

There will be transitional pain, but if we are to make it the last programme, then we have to carry out structural reforms,” Finance Minister Muhammad Aurangzeb told local broadcaster Geo News. IMF said it would issue an “immediate disbursement” of around $1 billion.

Pakistan's Finance Minister Muhammad Aurangzeb has warned of 'transitional pain' following a $7 billion loan agreement with the IMF. The government has pledged structural reforms to ensure this is the last IMF program.

The country is set to go through ‘transitional pain’ as it works on structural reforms in order to revive their economy