Pakistan anticipates a $7 billion IMF deal following the agreement from friendly nations for a loan extension

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In addition to the loan extension commitments, the Pakistani government has been actively engaging with various international stakeholders to secure economic stability and growth. These efforts include diplomatic discussions and financial negotiations aimed at easing the country’s debt burden and enhancing its fiscal capacity. The government’s proactive stance has been welcomed by economic analysts, who believe that such measures are crucial for maintaining investor confidence and ensuring long-term economic resilience.

Moreover, the extension of loan repayment periods from China, Saudi Arabia, and the UAE is expected to provide Pakistan with much-needed fiscal space to address its domestic economic challenges. This includes managing inflation, stabilizing the currency, and implementing structural reforms to boost economic growth. The government’s focus on economic reforms, coupled with international financial support, is anticipated to create a more conducive environment for sustainable development and poverty alleviation in the country.

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