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.
Prime Minister Narendra Modi is on a tour of South India for preparations for the Lok Sabha elect
Diplomats from India and the US are trying to organize a meeting between Prime Minister Narendra
There is a shocking report regarding climate change. This report has been prepared by the Cross D
There is a lot of drama happening every day in Salman Khan's reality show Bigg Boss 18. To achiev
Indian team's fast bowler Mohammed Shami has performed brilliantly so far in the World Cup 2023.
Shah Rukh Khan: Guddu Dhanoa's big revelation, Shahrukh had refused Deewana, then agreed like this
Bollywood superstar Shahrukh Khan is in the news these days about his recently released film 'Jaw
Kangana Ranaut, who has made a special place in the hearts of people with her strong acting, has
After several deaths due to heat waves in the Ballia district of Uttar Pradesh, the central gover
Heavy rains continue to wreak havoc across the country due to monsoon. People are facing problems
The Delhi High Court will pronounce its verdict on Kejriwal's plea seeking a stay on the trial co