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Pakistan says it has met all the conditions set by the IMF to secure $7 billion loan

  • Pakistan’s Prime Minister Shehbaz Sharif announced that the country has met all conditions set by the International Monetary Fund for a new $7 billion loan to support its economy.
  • The IMF is expected to formally approve the loan on September 25, following Sharif's praise for his finance team during a Cabinet meeting.
  • Sharif’s government has implemented IMF demands to broaden the tax base and eliminate energy subsidies, causing concern among citizens over rising energy costs.
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  • 45% of the sources lean Left, 45% of the sources are Center
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