Zibago
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The delay in imf loan was mainly because government was resisting move to increase prices of electricity and taking away some development budget@Zibago mera bahi. The situtation is bad that Saudi has put condition that those 3 billion dollar that they agree to give on Oct which would used and now it cannot be used and just a show piece in our reserve. In Nov 19th SBP said that GOP, MOF and MOC fail to secure most needed loans in Sep and Oct and due to delay now Pakistan has to pay beyond 4 billion dollar alone in Dec this month. They said Pakistan is going to face much worse BOP than 2018 in Dec.
The what? Intellectual dishonesty at its highestin 8 weeks Pakistan lost 4 billion dollars by from its SBP reserve that is why mran Khan even accepted default term for Saudi Loan on Saturday.
High import bill was mainly driven by vaccine imports and high oil prices