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Pakistan, IMF Launch Final Round Of Talks On $8 Billion Bailout

Pakistan and the International Monetary Fund (IMF) have begun the final round of negotiations over the $8 billion rescue package for Islamabad amid a deepening economic crisis. The long-delayed package, which is expected to be signed next month would be Pakistan's 13th bailout since the late 1980s. "The talks aim to determine the terms and conditions of the three-year program," India’s NDTV reported, quoting an unnamed official at the Pakistani Finance Ministry. The meeting that began in Islamabad on April 29 comes as the IMF issued a report on Mideast and regional economies, saying that Pakistan's economic growth is expected to slow from about 5 percent last year to close to 3 percent this year....................

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