Anti-government protests that have gripped
There is no suggestion that the assistance, which is disbursed in tranches, is about to dry up.
"The programme is not in jeopardy at the moment," said a top economic adviser with direct knowledge of talks with the fund. "The IMF folk think that if we can wrap this crisis up in a week or so, things will remain on course and normal. But if it goes on any longer, then, yes, we will be in trouble."
"The government has very painstakingly been building a house of international confidence, and the foundation of this was the IMF package and abiding by our reforms' promises," the minister told Reuters. "But ... our struggles of 14 months have gone up in smoke in a matter of 14 days. We are pushed to a point where we have to go back to the drawing board."
For now, credit ratings agency Standard & Poor's is watching events unfold in
Investors have taken fright over the agitation against Sharif, who won a decisive victory in
Two foreign heads of government have cancelled visits to
"These people should realise they have disrupted the journey to progress," Sharif said at the weekend. "We want to set up many energy plants and electricity projects in
Most Popular Stories
- Doctor Who Christmas Episode Begins Production
- HCL America Adding 1,200 IT Jobs
- Medical Mfg. Jobs Coming to Dayton
- Michael Jackson, Freddie Mercury on Previously Unreleased Queen Cut
- Longtime Unemployed to Get Help in Las Vegas
- SpaceX Aims for Predawn Launch on Saturday
- Women Key to Democratic Party: Clinton
- U.S. Chamber Caught Up in Tax Inversion Question
- Feds Won't Say How Many Border Crossers Jailed
- Christie Didn't Order Bridge Shut Down, Feds Say