Imran Khan Confident of Pakistan Election Win, Backs IMF Role

The South Asian nation slid dangerously near a debt default in latest months, driving its bond yields to distressed ranges, as IMF mortgage funds had been held up. Khan’s successor, Prime Minister Shehbaz Sharif, has been cautious of the fund’s calls for, like elevating power costs and taxes. Pakistan’s foreign-exchange reserves have slumped by half since October, and so they’re now inadequate to pay for one month’s imports. 

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