ISLAMABAD, Pakistan (AP) -- The International Monetary Fund says Pakistan has asked for help to avoid a looming financial crisis.
High oil prices and dwindling investment from overseas have triggered a balance of payments crisis that is undermining the Pakistani rupee. It also raising the prospect that the country could default on its foreign debts.
The IMF said in a statement Wednesday that the amount of money to be given to the country has yet to be determined.
(Copyright 2008 by The Associated Press. All Rights Reserved.)
Viewers with disabilities can get assistance accessing this station's FCC Public Inspection File by contacting the station with the information listed below. Questions or concerns relating to the accessibility of the FCC's online public file system should be directed to the FCC at 888-225-5322, 888-835-5322 (TTY), or firstname.lastname@example.org.