IMF has given relief to the situation arising out of Corona, Foreign Minister

IMF has given relief to the situation arising out of Corona, Foreign Minister

Foreign Minister Shah Mehmood Qureshi says the IMF has given relief due to the situation in Corona and Pakistan will apply for a concession on loans from May 1st.

In a statement, Foreign Minister Shah Mehmood Qureshi said that the IMF exemption would be applied to 70 countries, including Pakistan, this relief has been given for one year.

He said that immense relief from the IMF is expected to get to Pakistan, while the discount on loans to Pakistan will be applied from May 1st.

The Foreign Minister said the Corona virus has had a significant negative impact on the economy of developing countries.

Prime Minister Imran Khan also appealed for concessions to developing countries.
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