Pakistan & IMF progress on $7B loan deal

Pakistan Meets IMF Reserve Target as Dollar Reserves Rise

ISLAMABAD: Pakistan and the International Monetary Fund held positive discussions to review a $7 billion loan program, the IMF said. Talks focused on energy, health, education, social security, economic growth, and climate financing.

The IMF confirmed Pakistan has implemented strict economic measures, including reducing government debt, curbing inflation, and reforming electricity generation costs.

Progress was made toward a staff-level agreement, with virtual talks continuing to finalize details. C

limate change funds may also be provided.

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