Pakistani PM Shehbaz Sharif admits preparing budget under IMF watch due to economic conditions.

Pakistani PM Shehbaz Sharif admits govt must prepare budget under IMF watch due to economic conditions. The PM's government works on cutting costs, abolishing Pakistan Public Works Dept due to corruption, and forming a rightsizing committee led by Finance Minister Aurangzeb. PM Sharif allocates 10% additional budget and job quota to South Punjab compared to its population share, and expects positive news on fertilizer rates after IMF reply by June 25th.

June 25, 2024
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