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Economy

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.

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