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Pakistan’s economy gaining strength: IMF

ISLAMABAD: International Monetary Fund (IMF) says Pakistan’s economy is gradually gaining strength and its short-term vulnerabilities are also receding.

This was stated by IMF Deputy Managing Director Mitsuhiro Furusawa in a statement issued after the executive board approved the next tranche of 502 million dollars for Pakistan.

He urged Pakistan to continue implementing economic reforms to strengthen these gains.

Mitsuhiro Furusawa said further progress, including in the area of structural reforms, is needed to make the economy more resilient and competitive.

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