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IMF ready to help Pakistan

Khan said on Sunday that the country was facing a huge financial deficit when the government took office last year and is now trying to bring order to the public finances.

Pakistan have already been together over ten billion dollars in loans and credits from saudi Arabia, the United arab emirates and China. The country's ministry of finance says that the government is now to collaborate with the IMF to implement structural reforms that can reduce the deficit and lay the foundations for increased growth in the country.

Pakistan's growth is expected to slow to 4 percent in 2019, compared with 5.8 per cent last year, according to the IMF. The budget deficit is expected to increase to nearly 7 per cent.

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