Explained: Understanding Pakistan’s IMF bailout

The International Monetary Fund(IMF) and Pakistan have agreed on terms for a $6bn bailout package to be disbursed to Pakistan over a span of more than three years. Earlier,Pakistan had asked the IMF to bail itself out from a severe financial crisis that threatens to cripple the country’s economy. Pakistan has already received financial aid… Continue reading Explained: Understanding Pakistan’s IMF bailout

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