Pak PM \'begging\' for funds worldwide: Sindh CM

Pak PM 'begging' for funds worldwide: Sindh CM

Press Trust of India  |  Karachi 

has been criticised by the of province for travelling around the world to "beg" for financial support for the cash-strapped country which is currently battling serious economic crisis.

"is going from country to country to beg (for financial aid)," province has said at a rally in Matli, Badin on Sunday.

The People's Party (PPP) also claimed that those without any experience in were given a seat in the government, Samaa TV reported.

On January 5, the (UAE) finalised a USD 6.2 billion support package to help Pakistan address its balance of payments challenge.

The package involved USD 3.2 billion worth of on deferred payment, besides a USD 3 billion cash deposit, Dawn newspaper reported.

The daily had cited a as saying that the package was similar to that given by

With this, Pakistan would get a total saving of about USD 7.9 billion on from the UAE and Saudi Arabia, accounting for more than 60 per cent of of about USD 12-13 billion, the report said.

The government had also started backchannel discussions with for some relief in terms of reduction in LNG prices or a relaxed payment schedule, but that was at an early stage, the report said.

had also visited in November to seek economic assistance and is reported to have approved USD 2 billion.

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Mon, January 07 2019. 16:00 IST