ISLAMABAD: A high-level team of Pakistani officials left for China on Thursday (today) to finalize a potential relief package for the country, sources privy to the matter said.
The delegation will hold talks with Chinese counterparts to tie up a prospective economic package. Secretaries of finance, trade and planning, as well as the governor of the State Bank of Pakistan comprise the Pakistani mission.
The visit of the mission is a follow-up to Prime Minister Imran Khan’s five-day visit to China last week.
As per sources, the Pakistani officials are also expected to discuss the probability of Pakistan-made products’ access to the Chinese markets.
Earlier this week, Finance Minister Asad Umar confirmed that talks were held with Pakistan’s all-weather friend for a relief package during the Premier’s state visit.
The Minister explained that the scope of talks was not only restricted to a monetary package, but also entails long-term partnership and investment with China.
On the other hand, the Pakistani government and a technical team of International Monetary Fund (IMF) resumed their talks regarding a bailout package, on Thursday (today), for a second day in the federal capital.
A day earlier, talks were initiated in Islamabad between the IMF delegation and officials of the finance ministry on a “technical level”. The government shared Pakistan’s economic data with the IMF. The Fund has suggested Pakistan to cut its expenditures and increase tax returns.
The post Pakistani mission departs for China to button up relief package appeared first on ARYNEWS.
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