ISLAMABAD -- Pakistan's leader is hailing a new $7 billion IMF loan as his country's last bailout, but Islamabad was forced to make major concessions to get the deal done, including scrapping China-backed special economic zones.
Economy
Pakistan inks $7bn IMF bailout with big concessions; challenges lie ahead
Islamabad forced to abandon China-based special economic zones to seal loan deal
A market in Karachi. Pakistan's economy grew just 2.38% in the fiscal year that ended in June. © Reuters
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