Pakistan and IMF reach 3 billion standby agreement Inside Story

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The IMF and Pakistan have reached an agreement on $3 billion standby agreement as the country nears default on its international debts. • Dwindling foreign reserves and a fall in the value of the rupee is fuelling soaring inflation. • Political chaos has scared off foreign investors. • And last year's devastating floods have added to the many challenges facing the country. • Many hope the IMF stand-by deal will offer some relief and prevent it from going into default. • • Presenter: Adrian Finighan • • Guests: • Adnan Jalil, Cabinet Minister of Commerce, Industry and Technical Education in Khyber Pakhtunkhwa province • Zeeshan Salahuddin, Political Analyst, at The Consultancy Firm Tabad-lab • Maleeha Lodhi, Political Scientist and Former Pakistani Ambassador to the United Nations, the United States and Great Britain • • Subscribe to our channel http://bit.ly/AJSubscribe • Follow us on Twitter / ajenglish • Find us on Facebook / aljazeera • Check our website: http://www.aljazeera.com/ • Check out our Instagram page: / aljazeeraenglish • • @AljazeeraEnglish • #Aljazeeraenglish • #News #Pakistan #IMF #agreement #internationaldebt #rupee #inflation #politics #foreigninvestors #floods #challenges #relief #economy

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