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.
Corona has once again increased the concern of the country. Every day the figures of the infected
Kathua Cloudburst: People were sleeping... a strong current came, people ran to the roofs to save their lives, household was destroyed; there was nothing left to eat
The flood caused by a cloudburst in Kathua on Sunday morning destroyed everything. People were sleep
As soon as the Ayodhya gang rape case got linked to Sitapur, the village of Moodikheda in Laharpu
Lulu Group has praised Indian Prime Minister Narendra Modi. Lulu Group Chairman and Managing Dire
A big claim has been made about India in a United Nations report. It has been said that by 2050,
Bigg Boss 19 is getting very exciting this week. Recently, the quarrel between Kunika and Tanya c
Salman Khan loves his younger sister Arpita Khan Sharma very much. There is a great bond between
Prime Minister Narendra Modi's fasting is public knowledge but the unique thing is that American
The movement against the Sheikh Hasina government in Bangladesh was not spontaneous. This means t
The enthusiasm of the 10th International Yoga Day is being seen from the country to abroad. A dif
