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Pakistan is at risk of default ? | Dr Salman Shah Shocking Revelations | Dunya News

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IMF staff and the Pakistani authorities have reached a staff level agreement on policies to complete the combined 7th and 8th reviews of Pakistan’s Extended Fund Facility (EFF). The agreement is subject to approval by the IMF’s Executive Board,High international prices, and a delayed policy action worsenePakistan’s fiscal and external positions in FY22, led to significant exchange rate depreciation, and eroded foreign reserves.

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