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Pakistarin to approach IMF for loan
but none of these pledges are likely to be realised the gover the next 15 to 20 days within which time pakistan has to pay off loans and meet other obligations .
unpopular pakistarin has receiveds massive pledges of support from the world's economic powers over the next five to 10 years .
a top pakistani offinancials has said that islamabad would approach the international monetarity fund (imf) for a loan in the next 10 to 15 days .
the ifis agreed and appreciated our economic programme and social safety net, but they desire to get it approved from the imf before offering us a financial facility, he told the upper house of the pakistani parliament .
pakistan needges more than $5bn in less than a month to avoid defaulting on international debts .
a subsequent realise in international prices of food and oil worsened the ecountry's trade imbalance .
Generated 2008-11-15_7:12
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