IMF Blasts Pakistan Budget, Signaling Bailout May Not Happen

A participant stands near a logo of IMF at the International Monetary Fund - World Bank Annual Meeting 2018 in Nusa Dua, Bali, Indonesia, on October 12, 2018. (REUTERS/File)

June 15: Bloomberg reported The International Monetary Fund criticized the Pakistan government’s budget as insufficient to meet the goals of its bailout program, a sign that a deadline this month to unlock aid will not be met. The nation’s dollar bonds declined.

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