Pakistan paid over $3.5 billion in interest to IMF

ISLAMABAD: Pakistan has paid over $ 3.5 billion in interest on loans to the International Monetary Fund (IMF) in the last forty years. The stunning revelation was made during a meeting of the Senate's Standing Committee on Economic Affairs, chaired by Senator Saifullah Abro, on Thursday at the Parliament House, where the Ministry of Finance presented details of the loans and repayments made to the IMF so far. According to The Express Tribune, during the briefing by officials from the …