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Ahead of crucial talks, IMF spots Rs 2 trillion breach in Pakistan's budgetary estimates

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The IMF discovered a breach of over Rs 2,000 billion in budgetary estimates for 2022–23 in its preliminary analysis, which could cause the budget deficit and primary deficit targets to increase by a significant margin ahead of its important talks with the cash-strapped Pakistani government. The ninth review under the Extended Fund Facility will be completed by Pakistan and the International Monetary Fund (IMF) starting on Tuesday.