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Business and Finance
Source : (remove) : Dawn
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Business and Finance
Source : (remove) : Dawn
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No proposal to revise govt pay scales under consideration, clarifies finance ministry

The article from Dawn discusses the ongoing political and economic challenges in Pakistan as of March 15, 2024. It highlights the recent political instability following the elections, where no single party secured a clear majority, leading to a coalition government. The Pakistan Muslim League-Nawaz (PML-N) and Pakistan Peoples Party (PPP) have formed an alliance, but the political landscape remains fraught with tension due to allegations of electoral fraud and the military's alleged influence in politics. Economically, Pakistan is grappling with high inflation, a depreciating currency, and negotiations with the IMF for a new bailout package to avoid default. The article also touches on the public's growing frustration with the political elite, increasing security concerns, and the need for structural reforms to address the country's deep-rooted issues.

Read the Full Dawn Article at:
[ https://www.dawn.com/news/1898515 ]