Pakistan’s foreign exchange reserves held by the State Bank of Pakistan have once again fallen below the $4 billion mark to $3.9 billion. On May 26, the forex reserves were …
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Pakistan-IMF talks
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World
Are Pakistan’s nuclear weapons and missiles on line during talks with the IMF?
by Rahul Kumarby Rahul KumarPakistan’s economic distress has put the spotlight on the country’s nuclear arsenal and its long-range missiles. Bristling with indignation, Pakistani Prime Minister Shehbaz Sharif has tried to assure the world, …
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Economy
Cash starved Pakistan bows to IMF conditions, approves new tax on power
by IN Bureauby IN BureauStaring at bankruptcy, Pakistan has finally agreed to the stringent conditions of the International Monetary Fund (IMF) for the much awaited $7 billion loan programme to resume. According to reports, …
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Worries for Pakistan have risen as the ongoing ninth review of the loan package under the Extended Fund Facility of the International Monetary Fund is slated to end today and …