ISLAMABAD: Pakistan said on Thursday (Sep 26) it would have to go through "transitional pain" after the International Monetary Fund agreed to a new relief package of US$7 billion to bolster its faltering economy. Although the South Asian nation's economy has stabilised since it came close to defaulting last summer, it is dependent on IMF bailouts and loans from friendly countries to service its huge debt, which swallows up half of its annual revenues. "There will be transitional pain, but if we

Tag-uri: Islam