Pakistan's PM reaches out to IMF for bailout package revival.

Pakistan's Prime Minister Shehbaz Sharif seeks a meeting with IMF managing director Kristalina Georgieva at the Paris summit to revive the stalled $1.2-billion tranche to the cash-starved country. The IMF has rejected Pakistan's request to lower the requirement of arranging $6 billion in new loans, leaving the government with no alternative but to try and revive the deal. Currently, Pakistan's forex reserves stand at less than $4 billion, barely enough to cover less than a month's imports.