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Pakistan cuts new project funding to 2% of GDP, below IMF's 10% cap, due to financial constraints.
Pakistan has limited financing for new projects to 2% under the Public Sector Development Programme (PSDP) for the current year, in line with conditions set by the International Monetary Fund (IMF).
The IMF had advised a 10% cap, but Pakistan opted for a lower figure due to resource constraints.
The government prioritizes completing ongoing high-impact projects and aims to improve the PSDP process with automation tools.
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Pakistán recorta la financiación de nuevos proyectos al 2% del PIB, por debajo del límite del 10% del FMI, debido a limitaciones financieras.