Despite gains, Pakistan’s economic outlook ‘still challenging’: ​ IMF
Pakistan, reeling from the effects of devastating floods in 2022 and an economy that saw its foreign exchange reserves plummet and its currency weaken significantly, took painful measures during 2023 that saw inflation skyrocket to unprecedented levels. In July 2023, the IMF approved a much-needed 9-month Stand-By Arrangement (SBA) with Pakistan for $3 billion to […]
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