The best part is....
The IMF is going into recess for the next three weeks and its board will not convene until late August. No firm date has been set for announcing the loan approval for Pakistan, according to an IMF official who also spoke on condition of anonymity. For Islamabad, time is of the essence.
If Pakistan doesn't get the loan by August end PKR will be more than RS 300 to a dollar and the whole Pak economy will meltdown with the default....
Hence, Bajwa himself is on a begging spree to US....
If you Read this Below posted Article , then it looks like IMF and WB are very harsh with Defaulters
The World Bank does not plan to offer new financing to crisis-hit Sri Lanka until an "adequate" macroeconomic policy framework is in place, the global funding body has said.
Sri Lanka has been told to Re Negotiate with its Creditors before any Bail out Package can be given
Now that will take some time
If Same conditions are imposed on Pakistan, then it will be very hard for them to ask the Chinese and Arabs to forego a part of their loans