IMF's $7 billion bailout sends Pakistan stocks to new peak
Islam
ISLAMABAD :Pakistan's benchmark share index hit a life-time high in opening trade on Thursday, hours after the International Monetary Fund's board approved a long-awaited $7 billion bailout deal for the struggling economy. The IMF said the new programme will require "sound policies and reforms" to strengthen macroeconomic stability and address structural challenges alongside "continued strong financial support from Pakistan's development and bilateral partners". An immediate disbursement of
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