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Pakistan: IMF's bailout package stalled amid debt, unmet loan conditions

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Image Credit: NewsBytes

The International Monetary Fund (IMF) is reportedly likely to hold up the already agreed bailout package for cash-strapped Pakistan. The global financial body rejected the Pakistani government's claims of meeting all required conditions for the fund release, The Express Tribune reported. Meanwhile, Fitch Ratings revealed the country has to make $3.7 billion in debt payments in the next two months, i.e., by June end.