Reuters: ISLAMABAD The recently proposed budget for Pakistan received criticism from the International Monetary Fund (IMF) on Thursday, dealing a blow to the cash-strapped nation only two weeks before the end of its bailout programme.
Pakistan hardly has enough foreign exchange reserves to pay for imports for a month. The IMF has insisted on a number of criteria before it makes any more disbursements. It had intended to have $1.1 billion of the money delivered in November.
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