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.
CM Yogi In Ayodhya: Uttar Pradesh Chief Minister Yogi Adityanath is on an Ayodhya tour today (Fri
At present, eagerness is being seen in the hearts of the audience for Priyanka Chopra's action en
The countdown to the T20 World Cup has begun. The tournament is starting from June 2 as per India
AQI Update: A slight decline in pollution level was seen in Delhi-NCR last Monday, but once again
UN can mediate: Peace talks between Russia and Ukraine can be held in February
Ukraine's Foreign Minister Dmytro Kuleba said the government could hold a peace summit at the Uni
In IPL 2023, two vigorous matches were played on Super Sunday. In the first match, Rinku Singh hi
Rinku Singh did not get a place in the Indian team after his strong performance in the IPL. Rinku
90-Hour Workweek: 'Misunderstood', L&T HR chief defends SN Subramanian's 90-hour work statement
Larsen & Toubro (L&T) HR chief Sonika Muralidharan has defended Chairman SN Subramanian's
Bollywood's Baadshah Shah Rukh Khan has finally received the first National Award of his career.
Amazon Layoffs: More than 17 thousand employees may be laid off from Amazon company
E-commerce company Amazon may lay off more than 17,000 employees. According to the Wall Street Jo
