International Monetary Fund (IMF) Managing Director Christine Lagarde on Thursday said that 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," Lagarde said at the IMF and World Bank Group annual meetings in Bali, Indonesia.