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IMF Approves Final $1.1 Billion Tranche for Pakistan, Aims for Economic Stability

The $1.1 billion installment completes a $3 billion bailout package, marking a critical juncture for Pakistan's economic reform efforts.

  • The IMF's latest funding is crucial for Pakistan to avoid a sovereign default as it concludes a $3 billion standby arrangement.
  • Prime Minister Shehbaz Sharif asserts the tranche will bolster economic stability, amidst talks of a new, substantial IMF loan.
  • Experts emphasize the need for deep structural reforms in Pakistan to ensure sustainable economic recovery.
  • The new funding follows a series of discussions and agreements aimed at securing Pakistan's financial stability.
  • Pakistan eyes a new long-term IMF loan to support macroeconomic stability and implement necessary reforms.
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