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Pakistan quits IMF as it receives final installment of its loan

Pakistani Prime Minister Nawaz Sharif looks on as he waits for the arrival of President Mamnoon Hussain at the venue of the Pakistan Day military parade in Islamabad on March 23, 2016. (AFP)

Javed Rana
Press TV, Islamabad

Pakistani Prime Minister Nawaz Sharif has announced that the country will quit the International Monetary Fund. Islamabad says its economic growth is encouraging and therefore the country no longer needs IMF’s loans that come with binding conditions.

 


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