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.
In the 45th match of IPL 2023, Lucknow Super Giants are taking on Chennai Super Kings. The match
IND vs WI: KL Rahul celebrates in a new style, dedicates Test century to a special person
KL Rahul ended a 3,211-day wait for a Test century on home soil. After scoring a century on the s
Rahul Gandhi's Birthday: When Rahul Gandhi had to face two biggest tragedies in his life
Happy Birthday Rahul Gandhi: Today is the birthday of Rahul Gandhi, son of late Prime Minister Ra
Jolly LLB 3: 'Don't worry about us', Bombay High Court dismisses petition against 'Jolly LLB 3'
The Bombay High Court has dismissed a petition filed against actor Akshay Kumar's upcoming film "
In the second ODI played in Visakhapatnam, the Australian team created history by defeating the I
Covid Vaccine: Covovax will be approved as a booster vaccine in 10-15 days – Adar Poonawala
Covovax Booster Vaccine: Covovax Vaccine will be approved in the next 10 to 15 days as a booster
Coronavirus cases are continuously increasing in India. Every day a new jump is being seen in the
The conflict over cricket between India and Bangladesh is escalating ahead of the T20 World Cup 2
'Pushpa 2' is one of the most awaited films of this year. The audience is eagerly waiting for eve
Pakistan is currently a temporary member of the United Nations Security Council, but this does no
