💨 Abstract

Pakistan's Finance Minister, Senator Muhammad Aurangzeb, has emphasized the need for fundamental economic reforms to break the cycle of repeated International Monetary Fund (IMF) bailouts. He stressed that the recently approved 37-month Extended Fund Facility (EFF) should be Pakistan's last. The country faces significant economic challenges, including currency struggles, high inflation, and a substantial trade deficit.

Courtesy: theprint.in

Summarized by Einstein Beta 🤖