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24th bailout, but…
Pakistan has once again signed on the dotted lines, to clinch a 24th bailout package from the IMF. This time around, it has come with more stringent and legislative-backed conditionalities, bringing the recipient state on its knees. The agreement follows the government’s nod to bring transparency in the affairs of Sovereign Wealth Fund; almost decimate the newly-floated SIFC; ensure taxation on agrarian economy and exporters; and introduce fiscal and revenue generation reforms. To what extent it has undermined........
© The Express Tribune
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