Pakistan's Economy Requires Fundamental Reforms and Political Will, Says CEO of Pakistan Business Council on Nostr: Pakistan and IMF Reach $7 Billion Bailout Package Deal to Stabilize Economy ...
Pakistan and IMF Reach $7 Billion Bailout Package Deal to Stabilize Economy
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#565bcf8f ver:0.08
Pakistan and IMF agree on a $7 billion bailout package to stabilize the economy, addressing mismanagement, Covid-19 impact, and flooding. Reforms include broadening the tax base to raise $46 billion in taxes by 2025. IMF expects foreign debt to reach $242 billion by 2024, with 2% growth and 25% inflation this year. Approval from IMF's Executive Board and financing assurances needed [b0642835]. #Pakistan #IMF #bailout #economy #reforms...
#newstr #Pakistan #Imf #Bailout #AidPackage #Economy #Reforms #TaxBase #DebtCrisis #ForeignDebt #Inflation #Growth
https://here.news/story/565bcf8f?ver=0.08
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#565bcf8f ver:0.08
Pakistan and IMF agree on a $7 billion bailout package to stabilize the economy, addressing mismanagement, Covid-19 impact, and flooding. Reforms include broadening the tax base to raise $46 billion in taxes by 2025. IMF expects foreign debt to reach $242 billion by 2024, with 2% growth and 25% inflation this year. Approval from IMF's Executive Board and financing assurances needed [b0642835]. #Pakistan #IMF #bailout #economy #reforms...
#newstr #Pakistan #Imf #Bailout #AidPackage #Economy #Reforms #TaxBase #DebtCrisis #ForeignDebt #Inflation #Growth
https://here.news/story/565bcf8f?ver=0.08