Islamabad: Finance Minister Asad Umar on Thursday has said that government was in contact with the International Monetary Fund (IMF), but they were not in a hurry for the IMF package.

While talking to journalists in the capital, the federal minister said that important decisions are being made for financial progress.

“Pakistan has made alternative arrangements if we did not receive IMF loan package,” said Asad Umar.

Last month, Finance Minister Asad Umar had said that Pakistan is in no rush to sign a bailout package deal with the IMF.

He said that Pakistan came out of a balance-of-payments crisis after Saudi Arabia and China have helped Pakistan in filling a gap of $12 billion in its payments.