IMF Breather Yet Again Delayed for Pakistan's Ailing Economy over Defence Dilemma

The stand-off and deadlock came after Pakistan officials declined the condition of a cut in defence budget of 10% to 20% as committed in earlier talks. The review which will pave the way to release $1.1 billion to Pakistan has already been delayed as the country failed to meet conditions set by the IMF for the funds to be released

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