ISLAMABAD: International Monetary Fund’s (IMF’s) senior management and the Board of Directors can expedite or delay the processing of a bailout package, well-informed sources told Business Recorder.
There are no hard and fast rules as to the processing time, sources further maintained, but if the borrowing country resists agreeing to standard conditionalities without offering alternates acceptable to the Fund then these negotiations can become protracted and delay the processing of the package.