KARACHI: Pakis­tan and the IMF reached a three-year, $7 billion aid package deal, the Washing­ton-based institution said on Saturday morning, giving much-needed respite to the nation. The new programme, which needs to be validated by the Fund’s Executive Board, should enable Pakistan to “cement macroeconomic stability and create conditions for stronger, more inclusive and resilient growth,” according to a statement. Faced with chronic mismanagement, Pakistan’s … Continue reading Economy gets shot in the arm as $7bn IMF deal clinched