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Pakistan agreed with the IMF to transfer Rs. 300 billion into the treasury by closing 70 non-interest bearing bank accounts.
Pakistan has agreed with the International Monetary Fund to close 70 non-interest bearing government bank accounts, transferring roughly Rs.
300 billion into the national treasury.
This move aims to reduce borrowing costs by centralizing public funds and improving debt management.
The government has already shifted 242 accounts holding about Rs.
200 billion, with plans to eventually close all non-savings accounts, potentially moving up to Rs.
400 billion into the federal consolidated fund.
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Pakistán estuvo de acuerdo con el FMI para transferir Rs. 300 mil millones al Tesoro cerrando 70 cuentas bancarias sin intereses.