This country takes maximum loan from IMF, the name is…, bankrupt Pakistan is at…

Country takes maximum mortgage from IMF: Whereas India and Pakistan were engaged in a battle, the International Financial Fund gave a mortgage of 1 billion dollars to Pakistan, a transfer that became criticised all over the build the enviornment. All of us know that Pakistan is basically relying on the IMF’s charity but let us surprise you with the true fact that the largest borrower of IMF is no longer Pakistan but a South American country named Argentina.

As per a file by TV9 Hindi, Argentina is the cease borrower of IMF and it's far at the cease by blueprint of taking mortgage from IMF. The second country in the checklist is Ukraine which owes IMF 10.7 billion SDR. On the third location, Egypt has a debt of 8.2 billion, and the fourth location, Pakistan has a debt of 6.9 billion dollars.

Pakistan and IMF to place virtual talks on fiscal budget Islamabad

Pakistan and the International Financial Fund (IMF) are expected to place a virtual round of negotiations and talks for the upcoming fiscal budget 2025-26 later, a file by IANS records agency stated. Every facet are expected to focus on round debt of the gas sector and other parts of the next budget with Pakistani officials expected to tell a thought for ending the gas sector’s round debt.

For the duration of the first round of talks with the IMF delegation in Islamabad, it became demanded of the Pakistan authorities to present the records of the gas sector firms. Authorities sources allege that Pakistan is anticipated to present the 5-year performance of the gas firms to the IMF at some point soon of the virtual talks.

The IMF has raised extreme questions over the towering round debt of the gas sector, which stands at a whopping Rs 2800 billion.

“The IMF may be briefed about the gas firms’ profit, loss records, money shuffle with the hurry and the balance sheet,” the file stated.

(With inputs from companies)