
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.
SCO-NSA Meet: SCO-NSA security advisors meeting begins in Delhi, Doval welcomes top officials
India's National Security Advisor, Ajit Doval received top officials at the Shanghai Cooperation
Former minister and NCP leader Baba Siddiqui was shot dead. The Lawrence Bishnoi gang took respon
The collapse of the Francis Scott Bridge in Baltimore, USA is echoing across the Indian coal and
Rahul Gandhi/ Congress has already geared up for the 2024 Lok Sabha elections in Ladakh. Seeing t
National Girlfriends Day 2023: The first date of August is celebrated as National Girlfriend Day.
Ayushmann Khurrana is one of the finest actors in Hindi cinema. In the world of cinema, he is kno
Indian cricket team's veteran spinner Ravichandran Ashwin has suddenly withdrawn from the ongoing
Aero India 2023: PM Narendra Modi said- 'Today's India thinks fast and far and takes quick decisions
Prime Minister Narendra Modi inaugurated the 14th edition of Aero India 2023 at Yelahanka Air For
Mridul Tiwari's mid-week eviction shocked Bigg Boss 19 fans. Mridul's displeasure with the evicti
Actor Vikrant Massey's family friend Clive Kunder has also died in the Ahmedabad plane crash. Cli