Pakistan has been grappling with economic problems for a long time. Many efforts are being made continuously in Pakistan to improve this economic situation. Pakistan Prime Minister Shehbaz Sharif has said that his government has no option but to implement the International Monetary Fund (IMF) program to revive the cash-strapped economy.
The official Associated Press of Pakistan carried a report on Tuesday which quoted the PM as saying that Shahbaz Sharif regretted during a meeting that if the government wanted to give any subsidy in any sector, it would have to go to the IMF. He said that the coalition government never wanted to put the burden of price hikes on the people. The country had to implement the IMF program as it had no other option. During this, the Prime Minister targeted Imran Khan and said that the PTI government led by him had openly violated the agreement with the IMF.
Funding was stopped by IMF for non-fulfillment of conditions
Pakistan, which is facing a financial crisis, resumed the IMF program of US $ 6 billion this year. This was agreed upon in early 2019, but the Washington-based global lender's tough terms are proving difficult to meet. The report states that the IMF may not release more funds to Pakistan under the program until the promises made by the government are met.
The solution did not come out in the conversation of 18 November
On 18 November there was a formal dialogue between Pakistan and the IMF. But the schedule for formal talks on the overdue ninth review could not be finalized. The IMF board approved the seventh and eighth reviews of Pakistan's bailout program in August. During that time, permission was given to release funds of more than US$ 1.1 million.
The Indian team has reached Kanpur for the second Test match against Bangladesh. On Tuesday, the
After the crushing defeat in Australia, the Board of Control for Cricket in India (BCCI) has now
RCB ended its 18-year-long wait by defeating Punjab Kings in the final match of IPL on Tuesday. B
The 5th wave of Corona epidemic has knocked down Britain. Britain's National Health Authority has
Jio Bharat V2: Jio launched a 4G phone for Rs 999, only Rs 123 plan came with it
Reliance Jio has launched the 4G phone 'Jio Bharat V2'. 'Jio Bharat V2' will be available at very
A week later, the grand Maha Kumbh is starting in Prayagraj, Uttar Pradesh. But before that, a cl
Saif Ali Khan was seriously injured by a man named Shariful Islam during an attempted robbery at
WPI: Wholesale inflation eases to 4.95% in December, impact of fall in prices of food items
India's wholesale price inflation eased from 5.85% in November to 4.95% in December 2022, mainly
The miscreants had already made a plan to pelt stones to spread violence during the religious vis
Railway Minister Ashwini Vaishnaw told the Lok Sabha on Wednesday that it is mandatory to display
