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IMF Approves $1.1 Billion Pakistan Bailout
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Overview
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The IMF has greenlighted the final $1.1 billion tranche of a $3 billion bailout to aid Pakistan during its severe economic crisis. Despite facing potential debt default fears, Pakistan's adherence to bailout conditions, including subsidy cuts and new taxes, has led to progress in stabilizing the economy.
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How does Pakistan's reliance on IMF bailouts affect its long-term economic sovereignty?
How might the released bailout funds impact Pakistan's immediate economic outlook?
What challenges could Pakistan face in implementing further reforms to sustain economic stability?
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