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Belt and Road

Pakistan slashes annual funding for Belt and Road projects

Government struggles to balance finances under IMF bailout program

Cuts to annual budgets for China-linked infrastructure projects in Pakistan come as Beijing seeks to encourage a more sustainable approach.   © Reuters

QUETTA, Pakistan -- Pakistan, a leading showcase for China's Belt and Road Initiative program of infrastructure development, will slash spending on BRI-related projects over the coming year as the government struggles to balance its finances.

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