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Pakistan closer to Final Deal with IMF

Bureaucratic Finance Minister Asad Umar has implied that bailout bundle converses with the International Monetary Fund (IMF) are in their last stages and the administration will have further [...]

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Saudi Arabia may run out financial assets in 5 years

Saudi Arabia may run out of financial assets in five years’ time if current spending policies are maintained, the International Monetary Fund has warned. The slump in oil prices has led to Saudi [...]

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Nearly half of Rs145 billion taxes on natural gas lost

With nearly half of Rs145 billion taxes on natural gas lost to court cases, the government has assured the International Monetary Fund (IMF) to make more power tariff adjustments if surcharges [...]