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Tuesday, October 9, 2018

Pakistan to seek IMF loan to avert meltdown

Analysts say Pakistan hopes to secure $8 billion in loans to avoid an economic meltdown. It also wants fresh loans from China, which has already invested heavily in roads and the energy sector. Pakistan has been approaching the IMF since the 1980s, and received a $6.7 billion loan in 2013.

from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/2PksgvL
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