NewsX Explained — Pakistan cash crisis: What’s Different This Time?

Pakistan cash crisis: What’s Different This Time?

The IMF's bailout bundle to desperate Pakistan could be postponed as the worldwide bank is squeezing it to be straightforward on the CPEC venture and needs a composed assurance from Islamabad that its help won't be utilized to reimburse the credits to China, a media report said on Monday.

Pakistan is looking for USD 8 billion from the International Monetary Fund (IMF) to safeguard itself out from an extreme equalization of-installments emergency that takes steps to disable the nation's economy.

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