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.
Along with the irregularities in NEET-UG and UGC-NET, irregularities have been reported in anothe
According to UNICEF, more than 4 million children in Pakistan are still living near contaminated
President Draupadi Murmu today honored five personalities selected by the Government of India wit
Supreme Court lawyer Vishnu Shankar Jain has questioned the legitimacy of the concept of properti
The White House has rejected a claim made between India and Canada. It was claimed that America h
Covid-19 in India: The faster the cases of corona in the country had increased, the faster they a
Veteran industrialist and honorary head of Tata Sons Padma Vibhushan Ratan Tata passed away on We
On the occasion of the 25th Kargil Vijay Diwas, Prime Minister Narendra Modi today paid tribute t
Many scientific researches and campaigns published in the last two decades have warned about the
Delhi Chief Minister Arvind Kejriwal's wife Sunita Kejriwal once again addressed the media. A cam
