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Tag Archives: IMF

Need Asian IMF

At a time when economic challenges are multiplying on account of external woes and the case for another bailout package is becoming stronger and stronger, there is a need to float an idea that could help Pakistan avoid this disaster that will only add to its chronic indebtedness. For making …

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Pakistan to establish $1b infrastructure bank

According to reports,  Finance Minister Ishaq Dar recently announced that the government will establish Pakistan Infrastructure Bank with a paid-up capital of $1 billion that would finance private investors for development projects. Pakistan government and the International Monetary Fund (IMF) would have 20% shares each in it while the remaining …

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