Tag: Zahid Hussain

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  • No free lunches in fund-raising

    No free lunches in fund-raising

    Pakistan has foreign exchange reserves for less than two months of imports. It immediately requires $12 billion as a bailout to clear pending dues. The IMF has recommended stronger measures to be adopted by Pakistan to restore its financial status. Pakistan announced its willingness to adopt these measures, indicating its possible intention of seeking an …

    October 9, 2018