Pakistan, IMF begin talks on economic reforms, new loan program
Policy-level talks between Pakistan and the International Monetary Fund (IMF) have commenced, focusing on crucial economic reforms aimed at reducing unnecessary expenses and securing a new loan program.
Led by Finance Minister Muhammad Aurangzeb, the Pakistani economic team presented a comprehensive plan to the IMF team, led by Nathan Porter, to curtail expenses by approximately Rs300 billion in the next fiscal year.
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