For IMF Help, Pakistan Might Have to Disclose Its China Debts

BALI, Indonesia—International Monetary Fund Managing Director Christine Lagarde said a bailout deal with Pakistan would require “absolute transparency” of its debts, many of which come from China’s landmark Belt and Road initiative. “In whatever work we do, we need to have a complete understanding and absolute transparency about the nature, size, terms of the debt that is bearing on a particular country,” Ms. Lagarde said Thursday at the IMF and World Bank Group annual meetings in Bali, Indonesia.

“Four hostile newspapers are more to be feared than a thousand bayonets...” ― Napoléon Bonaparte