Advisor to Prime Minister on Finance, Shaukat Tareen gave detailed briefing to PM Gilani about negotiations with IMF and said that International Monetary Fund (IMF) would approve two year bail-out package plan of $7.5 billion in its scheduled executive board meeting being held on November 22^nd.

He further explained that first installment would consist of $3-4 billion while rest of the amount would be given on quarterly basis. Pakistan would pay extra $45-50 million on the principal amount of loan of $7.5 billion at the interest rate of 6%-6.5% under Stand-By Agreement (SBA).

Shaukat Tareen also told that IMF would extend $7.5 billion under newly created short term liquidity facility (SLF). He also assured PM to pull out the country of these financial crises soon.