The prime minister held a background meeting with the ambassadors from the Western, European and Asian countries, at least three participants of the meeting told The Express Tribune. The meeting took place just 11 days before the expiry of the current IMF programme, which could also be the last such interaction. The prime minister apprised the foreign ambassadors about the efforts that Finance Minister Ishaq Dar and he personally made during the past many months, a participant of the meeting told on condition of anonymity. In his letters, the prime minister mentioned proper functioning of the foreign exchange market, budget measures and withdrawal of the electricity subsidies. The report said that negotiations with the IMF on any new bailout aren’t likely to start until after elections in October.
