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Pakistan Plans to Request $6 Billion in New IMF Loan Program: Report| Oneindia News

Video Credit: Oneindia - Duration: 02:06s - Published
Pakistan Plans to Request $6 Billion in New IMF Loan Program: Report| Oneindia News

Pakistan Plans to Request $6 Billion in New IMF Loan Program: Report| Oneindia News

Pakistan plans to seek a $6 billion IMF loan to repay looming debts.

The federal budget allocates $2.5 billion from the IMF, as Pakistan faces a $22 billion debt burden with reserves covering just one month of imports.

Credit ratings have dropped, necessitating ongoing financial support efforts.

Pledges from Saudi Arabia, UAE, and China, along with commitments from international donors, remain vital for economic stability.

#Pakistan #IMF #PakistanIMF #IMFLoan #Pakistancrisis #Pakistaneconomiccrisis #UAE #China #Pakistanelections #Worldnews #Oneindia #Oneindia News ~PR.152~ED.194~GR.121~HT.96~


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Pakistan Pakistan Country in South Asia

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Prime Minister Narendra Modi criticizes Congress MP Rahul Gandhi's candidature from Raebareli, alleging that he is running away from challenges. Modi mocks Gandhi's election history, accusing him of avoiding tough contests. Watch the fiery exchange and political jabs unfold at the Bardhaman-Durgapur rally in West Bengal. #India #Pakistan #IndiavsPakistan #IndiaPakistanTensions #IndiaPakistanRelations #RuchiraKamboj #IndiaatUM #PakistanatUN #UnitedNations #UnitedNationsGeneralAssembly #Bangladesh #IndiaBangladesh #UnitedNationsNews #Oneindia ~PR.274~ED.101~

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International Monetary Fund International Monetary Fund International financial institution

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The IMF team, led by Nathan Porter, expressed dismay at Pakistan's finance ministry for prematurely claiming fulfillment of structural benchmarks. Before completing their review, the team arrived to analyze economic data. The ministry's premature announcement left the IMF unable to provide feedback. Pakistan's finance minister assured such incidents wouldn't recur. Discussions continue for the release of the last $1.1 billion tranche, with speculation of a potential mini-budget to boost revenues. #IMF #NathanPorter #PakistanEconomicCrisis #IMFPakistan #PakistanEconomy #IMFBailout #Worldnews #Pakistannews #Economynews #Oneindia #Oneindianews ~HT.178~PR.152~GR.123~

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United Arab Emirates United Arab Emirates Country in West Asia

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Credit: Oneindia    Duration: 02:17Published

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Saudi Arabia Saudi Arabia Country in the Middle East

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