Pakistan must finalize new fuel pricing plan to secure IMF deal. Here's why

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IMF and Pakistan are set to sign a loan agreement after finalizing a fuel pricing plan. The deal would provide $1.1bn to the cash-strapped country...

A long-awaited loan agreement between Pakistan and the International Monetary Fund (IMF) will be signed once a few remaining points, including a proposed fuel pricing scheme, are settled, an IMF official confirmed on Friday...

Pakistan and the IMF have been negotiating since early February on an agreement that would release $1.1 billion to the cash-strapped, nuclear-armed country of 220 million people...