IMF approves last tranche of $3-billion loan to Pakistan
Tuesday, 30 April 2024 ()
Pakistan PM optimistic about IMF's $1.1B tranche, eyes new bailout. Economists caution on financial reliance. IMF approves funds release. Pakistan crisis, low reserves, standby to avoid default. Pakistan has been reeling from a severe economic crisis for over two years now with inflation reaching to 38 per cent. Economist stresses reforms, debt concerns.
Pakistan PM optimistic about IMF's $1.1B tranche, eyes new bailout. Economists caution on financial reliance. IMF approves funds release. Pakistan crisis, low reserves, standby to avoid default. Pakistan has been reeling from a severe economic crisis for over two years now with inflation reaching to 38 per cent. Economist stresses reforms, debt concerns.
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