Is the $3B IMF bailout a good deal for the people of Pakistan?
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Is the $3B IMF bailout a good deal for the people of Pakistan?
The International Monetary Fund and Pakistan have reached an agreement on a critical bailout as the country teeters on the brink of default and economic collapse. The agreement still has to be approved by the IMF board, but it offers a $3B standby arrangement. Abid Qaiyum Suleri, former member of the prime minister's Economic Advisory Council for Pakistan, explains.
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