Pakistan must end dependency on IMF, insists Ishaq Dar

Following the months-long delay in the revival of the International Monetary Fund (IMF) programme, Finance Minister Ishaq Dar said that the country should learn how to live without the support of the Washington-based lender.
Islamabad has been negotiating with the IMF since late January for the release of $1.1 billion from a $6.5 billion bailout package agreed upon in 2019. To unlock the funding, the government has cut back on subsidies, removed an artificial cap on the exchange rate, added taxes and raised fuel prices.

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