Pakistan meets IMF conditions for $7B bailout, aided by "friendly" nations.

Pakistan's Prime Minister, Shehbaz Sharif, announced that the country has met the International Monetary Fund's (IMF) conditions for a $7 billion bailout, aided by unspecified "friendly" nations. This financial support comes as Pakistan grapples with economic difficulties. The IMF Board is set to discuss the loan on September 25, which is intended to be Pakistan's final bailout under a 37-month program established in July.

September 12, 2024
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