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Pakistan reaches deal with IMF to unlock $1.2bn in new funds: IMF wants end to fuel subsidy amid high petrol prices

International Monetary Fund Headquarters in Washington. — AFP/FileISLAMABAD: Pakistan and the International Monetary Fund have reached a staff-level agreement that will unlock about $1.2 billion in financing, with the IMF urging Islamabad to phase out the fuel subsidy scheme, increase...


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