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Pakistan-IMF dispute

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Pakistan, having serious financial challanges, has approached money watchdog for the second time in the last five years.

 

International Monetary Fund and Pakistan are having disagreements on certain issues.

 

These issues include an increase in electricity prices by 20 to 22%.

 

On November 20, Pakistan refused to accept heavy conditions determined by the IMF for a financial bailout package, according to local media.

 

These conditions included a further increase of power tariffs, imposition of more taxes and sharing details related to Chinese financial assistance.


 

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