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Tag: pakistan IMF deal

Cash-Strapped Pak Cuts 150,000 Jobs, Dissolves 6 Ministries As Part Of IMF Deal

Posted on September 29, 2024 By admin
Cash-Strapped Pak Cuts 150,000 Jobs, Dissolves 6 Ministries As Part Of IMF Deal

Islamabad: In an effort to minimise administrative expenditures, cash-strapped Pakistan on Sunday announced to abolish about 150,000 government posts, close six ministries, and merge two others, as part of reforms agreed upon with the IMF under USD 7 billion loan deal. The International Monetary Fund on September 26 finally gave a nod to the assistance…

Read More “Cash-Strapped Pak Cuts 150,000 Jobs, Dissolves 6 Ministries As Part Of IMF Deal” »

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