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Pakistan Set To Receive $1 2 Billion Immediately, As IMF Approves $3 Billion Aid For Its Tattering Economy

Pakistan Set To Receive $1 2 Billion Immediately, As IMF Approves $3 Billion Aid For Its Tattering Economy
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Kristalina georgievaInternational monetary fundBoard of the international monetary fundExecutive boardPakistan economyInternational monetary fund imfPakistan crisisImf approves bailout package for pakistan

pakistan crisis: Why Pakistan badly needed the deal with the IMF

Pakistan has reached a staff-level agreement with the International Monetary Fund (IMF) for a $3 billion Stand-By Arrangement (SBA), which will help address the country s acute balance-of-payments crisis. The agreement is crucial for Pakistan, which needs over $22 billion to service external debt and finance its current account.

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World News | Stock Market Today: Global Shares Mixed Despite Wall Street Rally

Get latest articles and stories on World at LatestLY. Global shares were mixed on Wednesday despite a rally on Wall Street driven by optimism over reports suggesting the American economy is in better shape than feared. World News | Stock Market Today: Global Shares Mixed Despite Wall Street Rally.

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Eid Al-Adha: Sacrificial animals stolen, ATMs run dry: How Pakistan s economic turmoil is impacting Eid celebrations

Pakistan News: NEW DELHI: Pakistan's ongoing economic crisis has yet again dampened Eid celebrations in several parts of the country even as the Shehbaz Sharif gover.

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Pakistan s parliament approves revised budget to clinch IMF deal | Pakistan News,The Indian Express

The budget revision came after Prime Minister Shehbaz Sharif met IMF Managing Director Kristalina Georgieva on the sidelines of a global financing summit in Paris last week, followed by a marathon three-days of virtual talks between the two sides.

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