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IMF chief, Pakistan FM meet as Islamabad seeks financial assistance for bailout

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Pakistani officials on Thursday met the International Monetary Fund (IMF) chief Christine Lagarde in Indonesia and sought IMF’s assistance to address the mounting balance of payment crisis faced in the country, an official said.

According to reports, the IMF team is likely to visit the Islamabad for talks on a possible bailout of its shaky economy.

“During the meeting, they requested financial assistance from the IMF to help address Pakistan’s economic challenges,” Lagarde said in a statement.