An IMF team is in Pakistan to review the country’s progress in meeting the financial commitments agreed upon with the IMF. Pakistan has received a substantial loan from the IMF and is expected to meet the review easily due to measures taken to address economic challenges. These measures include increasing gas tariffs and privatizing state-owned enterprises. Pakistan has also communicated a backup plan to the IMF in case of a tax revenue shortfall. The country’s proactive compliance with the IMF is seen as a strategy to secure a larger IMF deal in the future. With careful implementation, these measures can pave the way for a stronger economy. Pakistan’s current deal with the IMF is crucial for future negotiations and the country’s economic growth.
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