Pakistan says has not asked for IMF facility

ISLAMABAD (Reuters) – Pakistan has not formally asked for a facility from the International Monetary Fund (IMF), the prime minister’s top adviser on economic affairs said on Thursday, contrary to comments by the head of the multilateral agency.

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Ailing Pakistan needs bitter IMF medicine

KARACHI (Reuters) – Pakistan needs funding from the International Monetary Fund (IMF) in order to get its economy back on track after problems were ignored during a transition to civilian rule this year, a former central bank governor said.

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Russia test-fires old missile to extend lifespan

MOSCOW (Reuters) – Russia test-fired an intercontinental Stilet missile on Wednesday as part of the checks needed to extend the service of the weapon until 2010, the strategic missile forces said. The missile, which belongs to a type commissioned in 1979 and known in the West as SS-19, was fired …

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