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The Times of India
The Times of India
Business
TIMESOFINDIA.COM

How Pakistan is taking desperate economic measures for IMF bailout

NEW DELHI: The Pakistan government is trying its best to secure a deal with the International Monetary Fund (IMF) for the release of a critical bailout package, failing which it can slump into default.

The full-blown economic turmoil being faced by the country has fuelled further due to its recent and biggest ever currency devaluation, soaring inflation and a record low foreign exchange reserves.

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