IMF Delays $6 Billion Bailout For Cash-Strapped Pakistan

The International Monetary Fund (IMF) has delayed a $6 billion bailout for cash-strapped Pakistan over its failure to meet the terms of a previous deal, officials said on February 10, as the country struggles with a worsening economic crisis and a deadly wave of violence. Pakistani officials said progress had been made toward reviving the bailout. A critical part of the loan, $1.1 billion, has been on hold since December as officials reviewed the country's compliance with a 2019 agreement. To read the original story by AP, click here.