Imran will fly to Saudi Arabia today ‘ in search of investment’

Pakistan Prime Minister Imran Khan will departfor Saudi Arabia today ( Monday) along with 16member delegation comprising ministers and investors.

After Saudi Arabia visit PM Khan is also scheduled to visit Malaysia and China. These visits have been scheduled amid economic crisis, in order to seek foreign investments.

Prime minister is invited on a special invitation of King Salman bin Abdul Aziz. Where he will take part in two- day Future Investment Initiative scheduled to be held on October 22 and 23.

On October 28, PM will leave Saudi Arabia for Malaysia to hold meetingfor strengthening PakMalaysia relations while on October 29 he will be back to Pakistan.

Later, on November 3, PM will again leave for China visit to hold meetings with high Chinese authorities to seek economic cooperation between two states.

Earlier, amid Opposition’s outcry over the government’s decision to approach the International Monetary Fund ( IMF) for a financial bailout, Prime Minister Khan said Pakistan might have to file for bankruptcy if money does not come through in the next two months. “An IMF loan was never a priority for us, but we have no other option but to approach the global lender,” PM Imran Khan told a select group of television anchorpersons at his Bani Gala residence.

The government would not require any more loans after the IMF bailout package, said the PM, who had been a staunch critic of IMF loans.