Pakistan has recently reached a significant agreement with the International Monetary Fund (IMF) for a USD 7 billion loan.Despite this financial support, there is a prevailing sentiment that conditions are …
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Pakistan-IMF loan
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Awaiting the approval of a USD 7 billion bailout from the IMF’s executive board, the Shahbaz Sharif government faced a weak start by securing just USD 436.4 million in foreign …
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Several members of the Jamaat-e-Islami Paksitan on Thursday organised a protest in Karachi, raising their concerns against the soaring inflation and unfair taxes imposed by the government. These protestors mentioned …
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Is crisis-hit Pakistan developing cold feet in going in for fresh programmes carried out by the International Monetary Fund? Two sources told India Narrative that deliberations have taken place if …
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Economy
Pakistan’s middle class braces for tough times amid IMF conditionalities and upcoming elections
Even as Pakistan’s annual inflation rate eased to 29.4 per cent in June — for the first time in seven months– prices are likely to remain at elevated levels. Inflation …