5 Questions
What were the conditions imposed by the IMF for the bailout deal with Pakistan?
The conditions imposed by the IMF for the bailout deal with Pakistan were lifting the cap on fuel prices, raising electricity prices, ramping up tax collection, and making sizable budget cuts.
What did Federal Minister Ahsan Iqbal suggest to reduce financial pressure on the government?
Federal Minister Ahsan Iqbal suggested that Pakistanis could reduce their tea consumption to 'one or two cups' a day as imports were putting additional financial pressure on the government.
How much tea did Pakistan import in 2020?
Pakistan imported more than $640 million worth of tea in 2020, making it the world's largest tea importer.
What was the inflation rate in Pakistan in June?
The inflation rate in Pakistan in June was 21.3%, the highest since December 2008.
How much was the loan provided by the IMF to Pakistan?
The IMF provided a loan of $2.3 billion to Pakistan.
Test your knowledge on Pakistan's economic reforms and the lifting of fuel price caps. Learn about the conditions set by the IMF, including raising electricity prices and implementing budget cuts. Discover how these reforms may impact the lives of Pakistanis.
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