Pakistan could default without an International Monetary Fund bailout as its financing options beyond June are uncertain, says a report from Bloomberg.
According to report Pakistan will make payments of loans in time by the end of the current fiscal year. However Pakistan is facing problem of shortage of foreign exchange.
The report further stated there are problems in revival of IMF program due to non completion of conditions. Pakistani rupee has touched the record lowest level.
The report said that Pakistan financing options for repayment of loans after June are uncertain.
