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International relations

Pakistan's Khan faces tough choice: Help from IMF or China

Whoever provides financial support, spending cuts and tax hikes lie in wait

Pakistan’s new Prime Minister Imran Khan will have to choose whether to turn to the International Monetary Fund or to China for financial support.(Getty Image)

NEW DELHI -- Soon after next week's inauguration, a tough decision awaits Pakistan's new Prime Minister Imran Khan, as he will have to choose whether to turn to the International Monetary Fund or to China for financial support to rescue the country from its balance of payments crisis.

But the decision will be difficult for the former cricket star, as assistance from either camp will likely mean the prime minister will have to break his election campaign promises.

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