Pakistan 'Will Have To Agree' To IMF Conditions For Bailout, PM Says

Pakistani Prime Minister Shahbaz Sharif said on February 3 the government would have to agree to International Monetary Fund (IMF) bailout conditions that are "beyond imagination." An IMF delegation landed in Pakistan on January 31 for last-ditch talks to revive vital financial aid that has stalled for months. Pakistan's economy is in dire straits, stricken by a balance-of-payments crisis as it attempts to service high levels of external debt, amid political chaos and deteriorating security.