Diabytes
Bailout package News
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The Covid crisis and the Russia-Ukraine war have prompted nations to focus on strengthening their own macroeconomic fundamentals.
Notably, Pakistan has taken IMF assistance more than 20 times
IMF, China, and Arab nations are being more cautious in lending money to Pakistan
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The Cabinet, headed by PM Modi, approved Rs 4,440 crore soft loan for building ethanol production capacity to absorb the cane and a buffer stock of 3 million tonnes, besides for the first time fixing Rs 29 per kg as the minimum price below which mills cannot sell sweetener.
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