Pakistan on course for further IMF funds

PAKISTAN - The International Monetary Fund yesterday, Monday 24 September, said Pakistan was on track for a fresh lending package, but played down its size and denied it was connected to the campaign against terrorism.

The statement came as the US completed a rescheduling agreement for $379m of bilateral debt with Pakistan and suggested more help was on the way.

Anne Krueger, first deputy managing director at the IMF, said in Washington that Pakistan's likely access to a three-year lending