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Summary Hafeez Sheikh said that the next round of talks with the IMF will be held in May.
Addressing a press conference in Washington, Federal Finance Minister Hafeez Sheikh said that the purpose of the visit was to woo the US businessmen to invest in Pakistan.Hafeez said that a deal could not be reached with the International Monetary Fund (IMF) regarding the two outstanding instalments amounting to $3.3 billion through a stand-by programme kept for the assistance of Pakistan.He said that the United States was right that rather than being dependent, Pakistan required to be self-reliant. He said that it was imperative to control expenses to improve the Pakistans economy.
