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.
Bollywood's Bhaijaan Salman Khan was last seen in the film 'Sikander'. The film did not do any wo
The 17th season of IPL 2024 is going to be special for Mumbai Indians. Hardik Pandya will return
Preparations have started to challenge the Waqf Amendment Bill in the Supreme Court. After Tamil
The Delhi High Court heard a petition on Friday seeking a reduction in GST on air purifiers. Duri
A fierce fire broke out in the Satpura Bhavan, which houses dozens of departments of the state go
Russian news agencies reported that Soyuz MS-23 has been sent on a mission to bring back three as
RBI Monetary Policy April 2023: The Reserve Bank of India has announced a new monetary policy. RB
Spiritual guru Mahant Swami Maharaj of BAPS Swaminarayan Sanstha arrived in Abu Dhabi on Tuesday
A full year has passed since the Russia-Ukraine war. But it continues. Today again Russia has car
External Affairs Minister S Jaishankar on Thursday blamed Indian corporates for not developing pr
