Pompeo warns against IMF bailout for Pakistan that aids China
2018-07-31 10:00:15 source:Straits Times
July 31, 2018
WASHINGTON (REUTERS) -- US Secretary of State Mike Pompeo warned on Monday (July 30) that any potential International Monetary Fund bailout for Pakistan's new government should not provide funds to pay off Chinese lenders.
In an interview with CNBC television, Pompeo said the United States looked forward to engagement with the government of Pakistan's expected new prime minister, Imran Khan, but said there was "no rationale" for a bailout that pays off Chinese loans to Pakistan.
"Make no mistake. We will be watching what the IMF does," Pompeo said.
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