Pakistan's Plan to Secure Over $8 Billion IMF Bailout in Focus

Sunday, 17 March 2024, 06:13

Pakistan is gearing up to request a new IMF bailout package exceeding $8 billion next month. The country may aim for an increased quota, reminiscent of the 2008 scenario where 700% of the quota was secured during the PPP government. This move could have significant implications on Pakistan's economic outlook and financial stability.
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Pakistan's Plan to Secure Over $8 Billion IMF Bailout in Focus

Pakistan to seek fresh IMF bailout package of over $8bn next month

Pakistan is preparing to make a significant financial move next month as it looks to secure a new IMF bailout package exceeding the $8 billion mark. The country's strategy may involve requesting an enhanced quota, which mirrors previous actions taken during the PPP government's tenure in 2008.


This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.


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