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flag The IMF approved a $1.29 billion loan for Pakistan despite a report exposing severe corruption and weak governance, with no enforceable reforms attached.

flag The IMF approved a $1.29 billion loan for Pakistan despite a 186-page report labeling systemic corruption as "macro-critical," citing massive budget overruns, stalled infrastructure projects, and weak oversight. flag The decision raises concerns about the IMF’s accountability standards, as the loan comes without enforceable governance reforms, potentially perpetuating financial dependency and undermining long-term economic stability.

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