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Published 2 years ago

Pakistan's Looming Economic Crisis: Imran Khan’s Show Of Strength In Islamabad Is A Message To PM Sharif

Summary by Ground News
Pakistan is in talks with the IMF to resume lending under an arrangement for a $6 billion loan struck in 2019. The IMF stopped the loan schedule halfway through over differences with the Imran Khan government over stopping subsidies on oil. Pakistan is looking to have a $45 billion trade deficit by the end of the year. Unless something is done, and the government is willing to swallow the bitter pill offered by the IMF, Pakistan may soon go the Sri Lanka way.

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