IMF, Pakistan
Pakistan cuts 1.5 lakh jobs and dissolves six ministries to secure $7 billion IMF loan
Cash-strapped Pakistan announced that in efforts to reduce administrative expenditures, the country has cut nearly 1.5 lakh government jobs, closed six ministries, and merged two others to secure a $7 billion loan deal from the International Monetary Fund (IMF),
Pakistan cuts 150,000 government jobs. It's IMF's order
Pakistan plans to cut 150,000 government jobs, close six ministries, and merge two others as part of IMF reforms linked to a USD 7 billion loan.
Cash-strapped Pakistan 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,.
Pakistan cuts 150,000 jobs, dissolves 6 ministries
Pakistan has announced significant administrative reforms, including the elimination of 150,000 government posts and the closure of six ministries. These measures are part of an agreement with the IMF under a USD 7 billion loan deal aimed at reducing expenditures and increasing tax revenues.
Pakistan Cuts 150,000 Jobs, Shuts 6 Ministries As IMF Deal's Economic Reforms Take Effect
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.
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