Islamabad, Jun 12 (PTI) Pakistan's efforts to unlock access to the already agreed USD 6.5 billion loan package with IMF a quagmire after the cash-strapped country unveiled a subsidy and development-packed budget of Rs 14.46 trillion which experts say will do little to allay the concerns of the global lender.
The Pakistan government on Friday unveiled a Rs 14.4 trillion budget for 2023-24 as it battled to fend off a looming default due to shrinking foreign reserves. The government claims to have shared the budget with the International Monetary Fund (IMF).
The budget needs to satisfy the IMF to secure the release of more bailout money for the cash-strapped Pakistan.
