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IMF raises concerns over Pakistan’s sugar subsidy plan, warns of risk to $7 billion loan program

Islamabad [Pakistan], July 15 (ANI): The International Monetary Fund (IMF) has raised serious objections to Pakistan’s recent move to provide tax exemptions and subsidies on imported sugar, cautioning that the decision could undermine the ongoing $7 billion loan agreement with the global lender, ARY News reported on Tuesday.

Official sources told ARY News that the IMF opposes the federal government’s plan to subs