Pakistan has assured the IMF that it does not plan to allocate an additional budget to settle the USD 1.8 billion dues of Chinese power plants built under the China-Pakistan Economic Corridor, as the new government scrambles to revive the sinking economy, according to a media report.
An International Monetary Fund (IMF) team has been in Pakistan to complete the final review of the USD 3 billion Standby Agreement approved for the country last year before releasing the last tranche of USD 1.1 billion before the end of the programme next month.
