Cash-strapped Pakistan makes formal request to IMF for another bailout

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Pakistan Finance Minister Muhammad Aurangzeb. File | Photo Credit: Reuters Pakistan has formally sought a bailout package in the range of $6-$8 billion with the possibility of augmentation through climate financing from the IMF, a media report said on April 20. Cash-strapped Pakistan also requested to dispatch the International Monetary Fund (IMF) review mission next … Read more