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Maroc Maroc - Times of India - Top Stories - 29/09/2024 17:04

Crisis-hit Pakistan cuts 150K jobs, dissolves 6 ministries

Pakistan is set to reduce administrative expenditures by cutting 150,000 government jobs and closing six ministries as part of an IMF-backed $7 billion loan deal. Finance Minister Muhammad Aurangzeb stressed the importance of implementing policies to formalize the economy and increase tax revenues, aiming for this to be Pakistan's final IMF program.

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