text: In mid-November 2008, Zardari's government officially sent a letter of intent to the IMF regarding a bailout to help increase its foreign exchange reserves. In a $11.3 billion multi-year loan package, Pakistan received a $7.4 billion loan for 2008–10. The IMF stipulated stringent reform conditions, which included rebuilding the tax structure and privatising state enterprises. The World Bank and Asian Development Bank withheld a combined $3 billion aid in the 2010–11 fiscal year and the IMF withheld since May 2010 the last segment of its aid package.
  In January 2011, the MQM withdrew from the government. Zardari's ruling coalition averted a government collapse by accepting the opposition's economic proposals, which restored gas subsidies and abandoned many of the IMF's suggested reforms.
  In an effort to curb government expenditures, Zardari swore in an "austerity cabinet" in February 2011 which reduced the cabinet from 60 ministers to 22. Asif Zardari is famously known as "Mr. Ten (10) percent" in the Pakistan's political landscape, as he is alleged to demand 10% as kickbacks for the government contracts.
  Foreign policy
  Relationship with India
  In early October 2008, he received fierce domestic criticism for repeatedly calling Kashmiri nationalists (see Kashmir conflict) in India "terrorists". In mid-November 2008, he suggested Pakistan was ready for a no-first-use nuclear policy and called for closer economic ties.