Tag Archives: Bailout

IMF Bailout at Risk: Pakistan Must Secure $2 Billion in Financing to Avoid Delay

The International Monetary Fund (IMF) could delay the new $7 billion bailout if Pakistan fails to secure a $2 billion financing gap from commercial lenders by the end of the current week.Pakistan must submit a signed Letter of Intent (LoI) to the IMF Executive Board for approval of the 37-month Extended Fund Facility (EFF) while committing to comply with all …

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