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IMF praises Pakistan in its first loan review

KARACHI -- The International Monetary Fund Thursday praised Pakistan and noted initial success in stabilizing its crisis-hit economy, in the first review of a US$7.6 billion line of credit.

“The (IMF's) mission is impressed by authorities' strong resolve to sustain prudent macroeconomic policies, strengthen and broaden the social safety net, and pursue reforms to enhance medium-term growth prospects,” it said.

 

 

 

 

 

 

 

 

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