Imran Khan, the Chairman of Pakistan Tehreek-e-Insaf (PTI) and former prime minister, expressed his party’s support for a recent bailout deal with the International Monetary Fund (IMF) during a meeting with IMF officials. The IMF had been seeking support from major political parties, including PTI, for a $3 billion stand-by arrangement and associated policies before the upcoming general elections. Hammad Azhar, a PTI leader and former finance minister, mentioned that they discussed the agreement and expressed their support for its overall goals and key policies.
The meeting took place at Imran Khan’s residence in Lahore and had both in-person and virtual attendees. The new IMF program aims to stabilize Pakistan’s struggling economy and is set to be reviewed and potentially approved by the IMF board on July 12.
The PTI highlighted the importance of political stability and the rule of law in achieving economic stability. They also stressed the need for free and fair elections, followed by reforms and engagement with international organizations.