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.
Riots broke out in Mexico following the arrest of Ovidio Guzmán-López, the son of d
ISRO was a big success today. The testing of ISRO's reusable launch vehicle technology has been
Andhra Train Accident: Two passenger trains collide in Andhra Pradesh, 13 dead so far, 50 injured
A major accident occurred in Andhra Pradesh on Sunday due to a massive collision between two trai
The second match of the 3-match T20 series between India and Sri Lanka was played at the Maharash
By taking oath as the Prime Minister, Narendra Modi has joined the ranks of those few leaders of
IND vs PAK: After the match, Indian and Pakistani players shook hands and applauded each other.
Blind women cricketers from India and Pakistan surprised everyone by shaking hands with each othe
Delhi's ruling Aam Aadmi Party (AAP) released its second list of candidates today (9 December). A
A joint study by the Indian Council of Medical Research (ICMR) and the All India Institute of Med
Kartik Aaryan starrer's most awaited film 'Bhool Bhulaiyaa 3' is the third installment of this ho
The Jabalpur High Court has taken seriously the matter of withholding the results of 13 percent o
