Pakistan reviews FY24 budget in bid to secure IMF deal

Cash-starved Pakistan has introduced a number of changes to its budget for fiscal year 2023-24 in a bid to revive the International Monetary Fund’s programme and secure a stalled $1.2 billion tranche, the country’s finance minister, Ishaq Dar, said on Saturday. Addressing the National Assembly, the minister said Pakistan and the IMF held detailed negotiations as a last effort to complete the pending ninth review.

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