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USD 7 billion IMF bailout at risk as Pakistan's economy continues to weaken

By Economic Times - 6 hours ago
Pakistan is facing challenges in implementing the USD 7 billion deal with the IMF due to incorrect assumptions about economic growth, inflation, and imports. The Federal Board of Revenue's tax collection and provincial cash surpluses have fallen short in the first quarter. The IMF has pressured Pakistan to devalue the rupee further, complicating the situation.

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