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Pakistan's Economy Requires Fundamental Reforms and Political Will, Says CEO of Pakistan Business Council /
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2024-07-13 06:06:44

Pakistan's Economy Requires Fundamental Reforms and Political Will, Says CEO of Pakistan Business Council on Nostr: Pakistan Secures $7 Billion IMF Loan to Bolster Economy and Address Debts ...

Pakistan Secures $7 Billion IMF Loan to Bolster Economy and Address Debts
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#565bcf8f ver:0.1

Pakistan secures $7 billion IMF loan to address economic challenges and repay debts. Loan requires implementation of unpopular reforms, including high taxes and increased energy prices. Aims to support stability and inclusive growth. Government plans to raise tax revenues and seek funds from Gulf states. Debt repayments include loans from China, Saudi Arabia, and UAE. Energy sector reform and privatization of state-owned entities also part of agreement. Loan subject to IMF executive board approval. #Pakistan #IMF #economy #debtrelief...

#newstr #Pakistan #Imf #Loan #Economy #Debts

https://here.news/story/565bcf8f?ver=0.1
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