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    <title>Pakistan, IMF begin review talks on USD 7 bn loan</title>
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    <description>A formal IMF review focuses on implementation of the Extended Financing Facility and the Resilience and Sustainability Facility, finding mixed performance: power sector benchmarks met but revenue mobilization fell short, requiring agreed corrective measures. The review will also consider stalled brownfield refinery policy reforms that constrain refinery upgrade investment and argue alignment with RSF environmental objectives to enable lower-carbon, lower-sulphur petroleum production.</description>
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