IMF criticises Pakistan budget as pressure mounts for bailout package

A participant stands near a logo of IMF at the International Monetary Fund - World Bank Annual Meeting 2018 in Nusa Dua, Bali, Indonesia, on October 12, 2018. (REUTERS/File)

Financial Times reported the IMF has said Pakistan’s proposed budget needs more work before it can secure a critical bailout that many analysts believe is necessary to avoid default, in a significant setback as the government battles a deepening economic crisis. Read more I