He added that government bailouts
are not an alien practice, as many countries do it too.
After the meeting, while talking to the media person, he said that IMF delegation would visit Pakistan by last week of April to further negotiate on bailout
Another official familiar with the Pakistan-IMF talks said, 'Islamabad still hopes to conclude the agreement before June, as they believe the bailout
package would help budget prospects.'
Former prime minister George Papandreou, who applied for the first bailout
from Greece's euro zone partners and the International Monetary Fund in April 2010, also drew on the Odyssey analogy at the time.
Since the crisis exploded fully in 2010, four different governments have battled to keep the country going via the biggest bailout
in economic history: loans of more than e1/4260 billion ($296 billion) lent by EU countries and the IMF.
'We have no intention to go for bailout
package from the IMF.
The head of the Greek central bank has called for a quick conclusion to the bailout
review that would assess how the nation has been abiding by its bailout
requirements, according to Reuters.
Greece and the European Union/International Monetary Fund lenders are set to resume talks on the country's fiscal progress and austerity reforms Monday and likely conclude a key bailout
review, even as IMF Managing Director Christine Lagarde said the Fund was a "good distance away" from agreeing on the terms of the third bailout for Greece.
Since the financial crisis of 2008, the word "bailout
" has become a term of abuse in our political lexicon.
GREEK Prime Minister Alexis Tsipras has said he is stepping down and calling early elections after suffering a rebellion within his left-wing Syriza party over the country' new bailout
ATHENS, Dhu-AlQa'dah 05, 1436, August 20, 2015, SPA -- Greece made a crucial 3.2 billion euro debt repayment on Thursday using newly released bailout
funds, a government source said, as a senior minister argued for rapid elections following a rebellion in the ruling party.