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Urging Pakistan to course correct
IMF's new conditions for Pakistan's bailout aim to enforce vital reforms, stressing the need to address economic risks amid rising India-Pakistan tensions.
Pakistan plans strict budget measures against non-filers, including bans on vehicle and property purchases, under IMF conditions. FBR reforms aim to eliminate non-filers and widen the tax net.
On the first trading day of the week, the Pakistani rupee weakened slightly against the US dollar, indicating continued pressure on the local currency. In the interbank market, the dollar rose by 11 ...