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Published 1 year ago

IMF bailout package not linked to elections, assures official

Summary by Ground News
Esther Perez Ruiz said decisions regarding deciding time and feasibility for provincial and general elections was the sole authority of the Pakistani institutions. Election Commission of Pakistan (ECP) suspended the Punjab elections which were scheduled to take place on April 30 due to security and financial issues. State Bank of Pakistan is likely to raise the interest rate by 2 per cent to unlock the stalled IMF loan program.

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