Govt looking for external financing avenues: FM Aurangzeb

ISLAMABAD: Pakistan will focus on meeting its external financing needs by speaking with foreign governments and lenders to draw foreign investment as well as seeking loan rollovers, Finance Minister Mohammad Aurangzeb said on Friday, as the government prepares to execute its new $7bn International Monetary Fund (IMF) agreement.

Pakistan and the IMF reached an agreement for the 37-month loan programme earlier this month.

Tough measures such as raising tax on...