Extended loan facility: Why the IMF is driving a hard bargain with Pakistan.

The state bank governor however sounded more upbeat when he said the talks are moving positively - a sentiment reinforced by the stand taken by the IMF Director of the Middle East and Central Asia Department, Jihad Azour, who gave two thumbs up about the ongoing talks. Pakistan's talks with the International Monetary Fund have never been an easy proposition. [Extracted from the article]