ArrowArtboardCreated with Sketch.Title ChevronTitle ChevronIcon FacebookIcon LinkedinIcon Mail ContactPath LayerIcon MailPositive ArrowIcon Print

Pakistan's currency in line for further hits after IMF loan

Famously stubborn tax evaders in focus as opposition rejects deal's provisions

ISLAMABAD -- Pakistan's opposition parties have promised to resist the country's upcoming $6 billion loan agreement with the International Monetary Fund, terming the deal a sellout on the part of Prime Minister Imran Khan's government.

An initial agreement, announced late on Sunday, has Pakistanis angry for two main reasons: It calls on them to start paying their income taxes and sets the stage for their money to lose more of its value.

Sponsored Content

About Sponsored Content This content was commissioned by Nikkei's Global Business Bureau.

Nikkei Asian Review, now known as Nikkei Asia, will be the voice of the Asian Century.

Celebrate our next chapter
Free access for everyone - Sep. 30

Find out more