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.
India got a bronze medal on Tuesday, the fourth day of the Paris Olympics when the pair of Manu B
Turkiye Earthquake: Earthquake tremors again in Turkey, a magnitude 5.5 on the Richter scale
Strong earthquake tremors were felt once again in Turkey on Saturday. Let us tell you that an ear
These players will not go to Dubai with Team India for the Asia Cup 2025 BCCI took a surprising step
All the teams have geared up for the Asia Cup starting next month in the United Arab Emirates. Te
Singham Again will be released on the occasion of Diwali this year. Fans are eagerly waiting for
Popular 90s actress Kajol is known for her outspoken style. Recently, she celebrated her 51st bir
'Don't force us', Supreme Court furious over rising pollution in Delhi-NCR, scolded Haryana-Punjab
On Wednesday (23 October 2024), the Supreme Court heard the case of rising pollution in Delhi-NCR
There was a lot of chaos due to the decision to time out in the match between Bangladesh and Sri
The wait for Superstar Rajinikanth's fans is over, and their favourite star's much-awaited film '
Rescue operations continued for the third day to evacuate the pilgrims stranded in Kedarnath. A d
These days, North India is facing the brunt of intense heat. In many areas, the mercury has reach
