Why did cash-strapped Pakistan require another IMF loan and what it entails? EXPLAINED
Pakistan's crumbling economy has been beset by decades of financial mismanagement and poor governance, as citizens are struggling to meet their basic needs. This is Pakistan's 25th loan from the IMF and it has become the lender's fifth-largest debtor.
IMF MD says package for Pakistan aims to assist the country in economic recovery, reduce inflation, create jobs, and foster ...
Total inflows in July 2023 reached USD 5.1 billion, including USD 1.2 billion from the IMF and another USD 1 billion from the UAE. Earlier in August, Pakistan's Ministry of Economic Affairs said that ...
Pakistan has been struggling with boom-and-bust economic cycles for decades, leading to 22 IMF bailouts since 1958. Currently ...
The Fund issued a statement which stated; the Executive Board of the International Monetary Fund (IMF) concluded the 2024 ...
ISLAMABAD -- Pakistan's leader is hailing a new $7 billion IMF loan as his country's last bailout, but Islamabad was forced ...
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