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Tag Archives: IMF

Pakistan

Pakistan News

Pakistan’s external debt to climb to $103bn by June 2019: IMF report The International Monetary Fund (IMF) has assessed Pakistan’s gross external financing needs at a record $27 billion for the next fiscal year, but warned that arranging the financing …

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Approaching IMF no more preference?

Approaching IMF no more preference

One completely fails to understand the reasons behind Government of Pakistan’s reluctance in approaching the lender of last resort International Monetary Fund (IMF). It goes without saying that borrowing from any source, other than IMF, is highly expensive. However, it …

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United Arab Emirates economic review

United Arab Emirates economic review

The United Arab Emirates (UAE) is a very prosperous country, chiefly because of its modest population base and heavy oil resources. The large budget surpluses attained have enabled United Arab Emirates to accumulate a sizeable current account balance, held chiefly …

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