President Asif Ali Zardari's government needs about £3 billion to avoid defaulting on outstanding debts. So far, a tour of friendly capitals by Shaukat Tareen, the country's senior finance official, has failed to raise this sum.
Although Mr Tareen has visited both America and China - Pakistan's two key allies - a bail-out on a sufficient scale has not yet been agreed. Moody's, the international ratings agency, has downgraded Pakistan's standing.
The country's allies, including Britain, will be joining a "friends of Pakistan" meeting in Abu Dhabi next month when more aid might be agreed. In the meantime, Mr Tareen is believed to be seeking immediate help from the IMF. More...
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