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Pakistan Faces "Transitional Pain" as IMF Approves $7 Billion Relief Package

On Thursday, Pakistan's government announced that it would need to endure "transitional pain" following the International Monetary Fund's (IMF) approval of a new $7 billion relief package aimed at stabilizing its faltering economy. While the nation's economy has shown signs of stabilization since narrowly avoiding default last summer, it remains heavily reliant on IMF bailouts and support from friendly countries to manage its substantial debt, which consumes nearly half

Global News

26 Sep 2024 08:18 AM 1.32k views

Pakistan Faces "Transitional Pain" as IMF Approves $7 Billion Relief Package

On Thursday, Pakistan's government announced that it would need to endure "transitional pain" following the International Monetary Fund's (IMF) approval of a new $7 billion relief package aimed at stabilizing its faltering economy. While the nation's economy has shown signs of stabilization since narrowly avoiding default last summer, it remains heavily reliant on IMF bailouts and support from friendly countries to manage its substantial debt, which consumes nearly half

Global News

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#pakistan-army

Pakistan Faces "Transitional Pain" as IMF Approves $7 Billion Relief Package

Pakistan Faces "Transitional Pain" as IMF Approves $7 Billion Relief Package

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Recognition of Telugu Language in Alameda County Polling Centers

Tragic NYC Helicopter Crash in Hudson River Kills 6 Including Spanish Family on Sightseeing Tour

Tamil Nadu Poll Campaign Ends Today As DMK And AIADMK Alliances Face Off

Cold Front Approaching Houston May Trigger Storms

US–Venezuela crisis – Maduro faces U.S. court after capture as Washington asserts control over Venezuela

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#pakistan-army

Pakistan Faces "Transitional Pain" as IMF Approves $7 Billion Relief Package

Pakistan Faces "Transitional Pain" as IMF Approves $7 Billion Relief Package

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