Pakistan wins more financing assurances from China, UAE, Saudi: IMF official

Pakistan has received “significant financing assurances” from China, Saudi Arabia and the United Arab Emirates (UAE) — linked to a new International Monetary Fund (IMF) programme — that go beyond a deal to roll over $12 billion in bilateral loans owed to them, a Fund official has said.

IMF Pakistan Mission Chief Nathan Porter declined on Thursday to provide details of additional financing amounts committed by the three countries but said they would come on top of the debt rollover.

“I won’t go into the specifics...