Pakistan Delays Bond Sale, Braces for More Gas Hikes and Potential New IMF Deal
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Government postpones $1.5 billion international bond issuance due to high interest rates
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Caretaker finance minister indicates need for new IMF program after elections
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Another gas price hike planned for January
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IMF agreement requires commitments like regular tariff adjustments and market-based exchange rate
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Government will remain engaged with IMF and may need another Extended Fund Facility program