Key Points
The government has spun into action to put brakes on the "undesirable" outflow of foreign currency from Pakistan and promote transparency in foreign currency transactions conducted by exchange companies.AgenciesPakistan PM Shehbaz Sharif..
Pakistan Prime Minister Shehbaz Sharif on Friday hoped the IMF would resume the stalled USD 6.7 billion bailout programme as his country has already met all prior conditions set by the global lender despite economic hardships..
The premier's remarks came as Finance Minister Ishaq Dar presented a PKR 14 trillion budget for the fiscal year 2023-24, which the government claims to have shared with the International Monetary Fund (IMF)...
Sharif also expressed satisfaction that the current deficit in 10 months was reduced to USD 3.3 billion and hoped that the agriculture sector would boost...
Washington-based IMF has said it is collaborating with Pakistani authorities to address concerns related to the country's currency market and other matters before resuming the ongoing bailout programme, which is scheduled to conclude this month...
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